
Chinese animated film ‘Ne Zha 2' breaks records, surpasses $1 billion
Listen to article
The Chinese animated film Ne Zha 2 has become the highest-grossing movie in China's history, breaking domestic box office records and drawing attention to the country's growing animation industry.
Based on a legendary mythological character, the film has amassed over 8 billion yuan ($1.1 billion) in ticket sales during the week-long Lunar New Year holiday, according to ticket sales tracker Maoyan. It has now surpassed The Battle of Lake Changjin (2021), a Korean War propaganda film that earned around $900 million.
The film's success is being hailed as a breakthrough for China's domestic film industry, which has long lagged behind Hollywood despite its massive market. Ne Zha 2 is set for international release next week in the United States, Canada, and Australia, marking a key step toward global expansion.
To Chinese audiences, Ne Zha 2 represents a new era for homegrown animation, proving that locally produced films can compete on the global stage.
"It not only showcases the strong power of Chinese animation after its rise, but also demonstrates the infinite possibilities of traditional Chinese mythology in the modern context," read a review on IMDb.
Some viewers are hopeful that the film could double its earnings and challenge the world's highest-grossing movie of all time, Avatar (2009).
"Now it's over to the Chinese people overseas to chip in," read one comment on Weibo, encouraging the diaspora to support the film's international release.
The Lunar New Year season is typically a lucrative period for China's film industry, with total ticket sales hitting $1.3 billion during the holiday, a sign of increasing consumer spending that authorities have been keen to promote.
Beyond its domestic success, Ne Zha 2 is the first movie to cross $1 billion in a single market, according to Hollywood publication Deadline.
The film has received widespread praise for its storytelling and visual effects. Merchandise tied to the movie, including figurines of its characters, has been flying off shelves as fans flock to cinemas.
Ne Zha 2 builds on the success of its predecessor, 2019's Ne Zha, which earned over $725 million and remains one of China's top-grossing films.
With its strong domestic performance and upcoming international release, Ne Zha 2 is poised to solidify China's place in the global film industry.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
a day ago
- Business Recorder
Labubu human-sized figure sells for over $150,000 at Beijing auction
BEIJING/SHANGHAI: A Beijing auction house sold a human-sized Labubu figure for 1.08 million yuan ($150,275.51) on Tuesday, setting a new record for the 'blind box' toy as it moves from craze to collectible. The event held by Yongle International Auction, which traditionally specialises in modern art as well as jewellery, marked the first ever auction dedicated to Labubu, toothy monster figurines that are mainly sold by China's toy company Pop Mart and have been at the centre of a global frenzy for the past year. The auction offered 48 lots for sale and was attended in person by roughly 200 people, while over a thousand bidders put down offers via Yongle's mobile app, the auction house said. The starting price for all the items started at zero and it eventually raised a total of 3.73 million yuan. The highest grossing item, a mint green, 131 cm (4.3 feet) tall Labubu figure, received several bids to sell for 1.08 million yuan. The auctioneer said it was the only one available in the world. A set of three Labubu sculptures, about 40 cm tall and made of PVC material, sold for 510,000 yuan. The set, from a series called 'Three Wise Labubu', was limited to a run of 120 sets in 2017 and another one sold for HKD 203,200 ($25,889.64) at Sotheby's most recent auction in Hong Kong. Labubu was created a decade ago by Hong Kong artist and illustrator Kasing Lung. In 2019, Lung agreed to let them be sold by Pop Mart, a Chinese toy company that markets collectable figurines often sold in 'blind boxes'. A buyer of a blind box toy does not know exactly what design they will receive until they open the packaging. The starting price for Labubu blind box toys sold in Pop Mart's stores is around 50 yuan. The character's popularity skyrocketed after Lisa of the Korean pop music group Blackpink was spotted with a Labubu and praised the doll in interviews and online posts. Many celebrities followed. In May, British football star David Beckham shared a photo on Instagram of his Labubu attached to a bag. One Yongle auction bidder, a restaurant owner who only gave her surname as Du, said she had planned to spend a maximum of 20,000 yuan but walked away empty handed as the final prices were too high. 'My child likes it so every time when Labubu released new products we will buy one or two items. It is hard to explain its popularity but it must have moved this generation,' she said.


Business Recorder
2 days ago
- Business Recorder
Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion
Chinese music platform Tencent Music Entertainment Group said on Tuesday it would buy long-form audio platform Ximalaya for about $2.4 billion in cash and stock, expanding its library of content to attract more paying users. U.S.-listed shares of Tencent rose 7% in premarket trading. The company will offer $1.26 billion in cash and Class A shares representing up to 5.20% of its total outstanding stock. It will also issue shares to Ximalaya's founder investors not exceeding 0.37% of its total share count. Tencent-backed China Ruyi raises $302 million in convertible bonds The stock component of the deal totals about $1.15 billion based on Tencent Music's last closing price on April 24, a day before Bloomberg News reported about the deal.


Business Recorder
6 days ago
- Business Recorder
Trump-inspired Cantonese opera in Hong Kong aims to bring love and peace
HONG KONG: In a Cantonese opera inspired by U.S. President Donald Trump, a Chinese actor donning a blond wig spars on a Hong Kong stage with a man playing a double of Ukrainian President Volodymyr Zelenskiyy - ridiculing his outfit and firing a water gun at him. The sold-out show, 'Trump, The Twins President', was performed in the territory's Xiqu Theatre as Trump and Chinese President Xi Jinping held a one-hour-long call on Thursday. Written by Edward Li, a Feng Shui master-turned-Cantonese opera playwright, the comedy made its Hong Kong debut in 2019. The three-and-a-half hour show has been through several iterations since with the latest version featuring Trump's attempted assassination and his quarrel with Zelenskiy in the White House. Cantonese opera is a centuries-old Chinese art form blending singing, acting, martial arts, and elaborate costumes, and is traditionally performed during special occasions. Li's latest production begins with a dream by Trump's daughter, Ivanka, where her father has a twin brother named Chuan Pu, living in China. When Trump is kidnapped by aliens from Mars, Ivanka asks Chuan to pretend to be Trump for a day. In another act, Trump has a dramatic fight with Zelenskiyy's presidential double over his clothing in the White House, and shoots him with a water gun from Chinese online shopping site Taobao while Zelenskiy pretends to have been shot. The actors perform against a backdrop of photos from the actual events. Li said he chose Trump as the main character because his tariffs and policies had affected everyone's daily life. 'I think this opera is quite a special medicine for the whole world,' Li said. 'If people see this opera they will feel very happy because they think of love and peace.' Cantonese opera actor Lung Koon-tin, who portrayed Trump, said the U.S. president was unique. 'He increased tariffs and made the whole world speak out.' What to watch this June: 'Titan: The OceanGate Disaster' Lung said China and the U.S. should be good friends. 'We are Chinese and he is American, but friendship always lives long. That's why we talk about Sino–U.S. friendship in the play.' The audience erupted in laughter throughout the performance, breaking into enthusiastic applause at the end. Many of them were younger people, including 28-year-old Thomas Lo. He said that modern youth often felt disconnected from traditional Cantonese opera but the Trump-themed show, infused with contemporary events, offered a refreshing twist. 'It's fun and really something special,' Lo said.