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Lunar New Year boom expected to smash Chinese box office records thanks to ‘The Battle at Lake Changjin’ sequel

“Water Gate Bridge” is the sequel to the 2021 Chinese blockbuster “The Battle at Lake Changjin,” which glorifies the heroism of Chinese troopers combating American troops throughout the warfare. Both movies had been co-directed by prime Chinese and Hong Kong filmmakers Chen Kaige, Tsui Hark and Dante Lam.

“Water Gate Bridge” has grossed $137 million in ticket gross sales since its launch Tuesday, the primary day of the key vacation interval. It’s one of many greatest vacation season releases in the previous few years.

That box office haul includes almost half of the entire income from ticket gross sales for the vacation interval. Sales reached $237 million on Tuesday, with one other $77 million as of Wednesday morning, in accordance to knowledge from Dengta Professional, a box office monitoring app owned by Alibaba.

Analysts count on “Water Gate Bridge” to increase this 12 months’s Lunar New Year box office complete to a brand new file, surpassing final 12 months’s $1.2 billion — itself a quantity that accounted for greater than 16% of China’s complete box office haul in 2021. The vacation interval lasts per week.

“This year’s Lunar New Year holiday is concentrated with blockbusters. The sequel to the Battle at Lake Changjin will guarantee its performance,” wrote Xia Qingying, chief analyst for tech, media and telecom at Guangzhou-based Wanlian Securities, in a report final week.

The unique “Lake Changjin” movie, commissioned by the propaganda office of the ruling Communist Party, was in regards to the the brutal 1950 Battle of Chosin Reservoir within the Korean War. The Chinese facet claims it as essentially the most important victory of the battle, identified in China because the “War to Resist American Aggression and Aid Korea.” The Communist Party has dominated the People’s Republic of China since 1949.

The sequel movie continues the story of the battle.

Beijing has been making an attempt to include a resurgence of Covid-19 outbreaks throughout the nation, and consequently is urging the general public to keep away from touring throughout Lunar New Year, which is the most important vacation season of the 12 months. That could also be contributing to curiosity in moviegoing in its place to main journey plans.
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