China theatres witness fall in National Day holiday season collection, ‘Homecoming’ dominates box office

"Homecoming," a patriotic action film, has performed strongly at the box offices in China during the weekend, totaling around $60 million. However, the National Day holiday season looks grim this time as compared to recent years. The film "Homecoming" revolves around the heroic rescue of Chinese nationals in danger in foreign countries. In the movie, two Chinese diplomats return to 2011 Libya to save around 125 people who were left behind. Roa Xiaozhi directed the film.

Artisan Gateway consultancy said "Homecoming" bagged a whopping $59.3 million on September 30, accounting for a 67% market share. The aggregate collection on September 30 and October 1 stood at $88 million. But the figure is considered extremely low compared to the much bigger collections made during October 1 weekend in previous years. Notably, the film "The Battle at Lake Changjin," which hit the theatres during the National Day weekend last year, bagged $203 million in just three days.



Some major reasons hurting the Chinese theatres are over-dependence on holiday seasons, weakening supply of local titles, and shortage of foreign movies, especially Hollywood. China's strict anti-COVID measures, which still require city lockdowns, travel restrictions, and mass testing, are also significant factors. Economic problems have added to these woes. Currently, China is facing growing unemployment and a property crisis.

FAQs

1). Which movie earned the most in China during the 2022 National Day weekend?
"Homecoming" earned the most during the 2022 National Day weekend, pocketing around $60 million.

2). Why are Chinese theatres suffering?
Chinese theatres are suffering due to several reasons, including strict anti-COVID measures and economic problems.