BEIJING (Reuters) – Maoyan Leisure (1896.HK), China’s main movie-ticketing platform, mentioned it might increase funding within the home movie business and deepen its partnership with Tencent Holdings Ltd (0700.HK), as it really works to halt a downturn at cinemas.

FILE PHOTO: The web site of Chinese language film ticketing app Maoyan Leisure is seen subsequent to the app on a cell phone on this illustration image taken on Sept. 4, 2018. REUTERS/Florence Lo/File Photograph

The feedback come as field workplace income this yr lags that of final yr. To reverse the development, cinemas are pinning hopes on home motion pictures, Chief Govt Zheng Zhihao informed…

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