China Media and Entertainment Weekly News Bulletin – ISSUE 52 Week of 26 May 2025
(1) Hong Kong, Macao Investors Encouraged to Set up Film Production Firms on Chinese Mainland
China has introduced new policies allowing Hong Kong and Macao investors to establish and operate film production companies on the mainland, aiming to deepen cross-border industry collaboration.
(2) Fan Bingbing’s Cosmetic Empire: Earning 1.4 Billion Yuan Annually
Despite a seven-year entertainment ban, Fan Bingbing’s cosmetic brand has become a massive success, generating 1.4 billion yuan annually through savvy branding and online sales.
(3) HYBE is Selling its Entire Stake in K-Pop Rival SM Entertainment to Tencent Music for Nearly US$180m
Tencent Music Entertainment is acquiring HYBE’s entire 9.38% stake in SM Entertainment for US$177 million, marking a strategic shift in K-pop’s cross-border investment landscape.
(4) NetEase Cloud Music Strikes Strategic Deal with South Korean Entertainment Company RBW
RBW has entered a strategic copyright partnership with NetEase Cloud Music, aiming to deepen Korea-China music ties and boost K-pop’s reach in the Chinese market.
(5) Eason Chan Returns to Stage After COVID-19 Recovery with Humour
After recovering from COVID-19, Eason Chan resumed his concert tour with humour, energy, and candid moments that delighted fans.
(6) Abu Dhabi Tourism Explains Why Liu Yifei Was Chosen as Brand Ambassador
Abu Dhabi’s tourism authority has clarified that Liu Yifei’s appointment as brand ambassador was a data-driven decision aimed at boosting the emirate’s visibility in Chinese-speaking markets.
(7) Joey Yung Closes Out 3-Year Tour with Emotional Finale in Macau
Cantopop star Joey Yung wrapped up her three-year “ETERNITY” concert tour in Macau with a heartfelt performance that left both her and her fans in tears.
(8) Chinese Actor Hu Bing Encounters Kenny Bee at Mak’s Noodle in Hong Kong
A chance meeting between Hu Bing and Kenny Bee in Hong Kong has gone viral, with netizens marveling at the contrast in their appearances and reflecting on the passage of time.
(9) Cecelia Cheung’s Potential Cameo and Dilraba Dilmurat’s Role in Stephen Chow’s “Women’s Soccer”
Stephen Chow’s upcoming film “Women’s Soccer” has sparked debate over the lead actress role, with Dilraba Dilmurat’s deep involvement challenging earlier assumptions that Zhang Xiaofei held the top spot.
(10) Cirque du Soleil’s Kooza Returns to Hong Kong with a Fresh Twist
Cirque du Soleil’s Kooza returns to Hong Kong after seven years, bringing a refreshed production of acrobatics, comedy, and spectacle under the iconic big top at Central Harbourfront.
(11) JJ Lin Performs in Hong Kong as Nicholas Tse Offers Culinary Tribute
JJ Lin commenced his two-night concert series in Hong Kong with enthusiastic support from Nicholas Tse, who crafted a special gourmet dish to commemorate the occasion.
(12) China Pop Idol Live-streams Sale of Own Sanitary Pad Brand, Earns US$3 million in Half an Hour
Huang Zitao, a Chinese billionaire heir and pop star, launched his own sanitary pad brand to restore consumer trust after a national scandal, sparking both praise and controversy online.
(1) Hong Kong, Macao Investors Encouraged to Set up Film Production Firms on Chinese Mainland
(Photo Credit: VCG)
China’s central authorities have announced new policies that encourage investors from Hong Kong and Macao to establish film production companies on the Chinese mainland. The new policies are implemented in line with the film-related provisions under the second amendment to the “Mainland and Hong Kong Closer Economic Partnership Arrangement” (“CEPA“) on Trade in Services. Issued by the China Film Administration, the policy is part of broader efforts to enhance cooperation in the film industry and promote cultural exchange between the mainland and the two special administrative regions.
Under the new policy, qualified service providers from Hong Kong and Macao can set up and operate production firms within the framework of China’s existing foreign investment and business registration systems. These companies will be permitted to produce a wide range of content, including feature films, animations, documentaries, and virtual reality productions. They may also act as lead producers and apply for project registration.
In addition, existing Hong Kong or Macao invested enterprises already operating on the mainland may apply to expand their business scope to include film production, subject to regulatory approval. The new policies, which took effect on 26 May 2025, follow recent amendment to CEPA and reflect China’s ongoing commitment to opening up its cultural and creative sectors.
News Source: https://english.www.gov.cn/news/202505/27/content_WS6834f915c6d0868f4e8f2e0b.html#:~:text=BEIJING%2C%20May%2026%20%2D%2D%20China’s,industry%20cooperation%20and%20boost%20filmmaking
(2) Fan Bingbing’s Cosmetic Empire: Earning 1.4 Billion Yuan Annually
(Photo Credit: Kbizoom)
Seven years after being blacklisted from China’s entertainment industry due to a high-profile tax evasion scandal, Fan Bingbing has reinvented herself as a beauty mogul. Her cosmetic brand, Fan Beauty Diary, primarily known for facial masks, now generates an impressive 1.4 billion yuan in annual revenue. Ranked No.35 among China’s Top 100 Beauty Brands in 2024, the brand thrives on Fan’s personal branding and social media presence, with minimal overhead and staffing costs.
According to Sohu, Fan personally earned over 700 million yuan in 2024 alone, leading many netizens to believe she now earns more from selling skincare products than she ever did from acting. In contrast, even top-tier actors like Andy Lau and Louis Koo have reportedly had to lower their fees amid a downturn in the Chinese film industry. Fan’s success highlights a shift in celebrity income streams, with personal brands and e-commerce offering more lucrative opportunities than traditional entertainment.
Despite her business success, Fan Bingbing is reportedly eager to return to acting. She has allegedly reached out to prominent directors in hopes of a comeback, but the ongoing media ban continues to block her path. For now, she remains a red carpet icon and international figure, occasionally appearing at global events and foreign productions.
News Source: https://kbizoom.com/fan-bingbing-cosmetic-brand-revenue-1-4-billion-yuan/
(3) HYBE is Selling its Entire Stake in K-Pop Rival SM Entertainment to Tencent Music for Nearly US$180m
(Photo Credit: Ameer Mussard-Afcari / Shutterstock.com)
South Korean entertainment powerhouse HYBE has announced the sale of its entire 9.38% stake in rival K-pop label SM Entertainment to Tencent Music Entertainment (TME) for approximately US$177 million. The transaction, involving 2.21 million shares at 110,000 KRW each, will be executed via after-hours block trading on 30 May 2025. HYBE stated that the divestment is part of a “choice and concentration” strategy, with proceeds earmarked for future growth initiatives. This move follows HYBE’s failed 2023 takeover attempt of SM, which ended with Kakao becoming SM’s largest shareholder.
With this acquisition, TME becomes SM Entertainment’s second-largest shareholder, further strengthening its presence in the K-pop industry. The deal comes amid signs that China may lift its unofficial ban on South Korean cultural imports, imposed in 2017. Improved diplomatic ties could open the door for K-pop acts to re-enter the Chinese market, boosting concert, album, and merchandise sales.
Tencent Music’s investment reflects growing confidence in the global potential of South Korean entertainment. TME’s parent company, Tencent Holdings, already holds stakes in other major K-pop labels, including YG Entertainment and Kakao Entertainment. Meanwhile, SM and TME have expressed intentions to deepen their collaboration following the deal.
News Source: https://www.musicbusinessworldwide.com/hybe-to-sell-entire-stake-in-k-pop-rival-sm-entertainment-to-tencent-music-for-nearly-180m/
(4) NetEase Cloud Music Strikes Strategic Deal with South Korean Entertainment Company RBW
(Photo Credit: RBW)
South Korean entertainment company RBW, home to popular K-pop acts like MAMAMOO, ONEUS, ONEWE, and PURPLE KISS, has signed a strategic copyright partnership with China’s NetEase Cloud Music. The deal grants NetEase access to RBW’s full music catalog, including solo releases from artists such as Solar and Moonbyul, with future releases to be offered as exclusives in China. The partnership is positioned as more than a licensing deal, aiming to foster long-term cooperation and cultural exchange between the Korean and Chinese music industries.
RBW emphasized that the collaboration is built on mutual trust and shared strategic goals, with a focus on enhancing K-pop’s global competitiveness. This agreement follows NetEase’s recent partnerships with other major Korean labels, including Starship Entertainment, SM, JYP, YG, Kakao Entertainment, and CJ ENM. These deals have helped NetEase secure exclusive early access to high-profile K-pop content, such as IVE’s latest releases.
The partnership comes amid reports that China is set to lift its unofficial ban on South Korean cultural imports, in place since 2016, after Korean government agreed to deploy a US missile defence system on its soil. As diplomatic ties improve, Chinese digital platforms like NetEase and Tencent Music are positioning themselves to capitalize on renewed demand for K-pop, signaling a new era of cross-border collaboration in Asia’s music industry.
News Source: https://www.musicbusinessworldwide.com/netease-cloud-music-strikes-strategic-deal-with-south-korean-entertainment-company-rbw/
(5) Eason Chan Returns to Stage After COVID-19 Recovery with Humour
(Photo Credit: Weibo)
Hong Kong singer Eason Chan has made a lively return to the stage following his recovery from COVID-19, which had caused the postponement of his Kaohsiung concerts originally set for mid-May. During a performance on 23 May, Eason delivered an energetic set but briefly coughed while singing. The audience responded with warm applause, and he quickly reassured them that he was fine, continuing the show with his trademark charm.
Eason also brought humour to the stage, joking about his weight gain and sharing that his wife, Hillary Tsui, has been encouraging him to slim down to avoid “marital issues.” His candidness and self-deprecating humour resonated with fans, adding a personal touch to the performance. His openness about everyday struggles made the concert feel intimate and relatable.
Outside the concert hall, Eason continued to engage fans with his light-hearted personality. He posted a photo of himself enjoying bubble tea on social media, captioning it, “The south is indeed more laid-back.” Fans responded with affection and concern, calling him “adorable” while reminding him to take care of his health. He also joked about being ignored while standing outside a shop, showing his relaxed and down-to-earth nature.
News Source: https://www.dimsumdaily.hk/eason-chan-resumes-performances-after-covid-19-diagnosis-jokes-about-weight/
(6) Abu Dhabi Tourism Explains Why Liu Yifei Was Chosen as Brand Ambassador
(Photo credit: Weibo)
Chinese actress Liu Yifei’s appointment as the face of Abu Dhabi’s tourism campaign in 2023 sparked widespread discussion in China. On 27 May 2025, during the ITB China tourism expo in Shanghai, Abdulla Yousuf, Director of International Operations at the Abu Dhabi Department of Culture and Tourism, addressed the decision in an interview. He explained that the choice was guided by data analytics, which identified Liu Yifei as a highly influential figure capable of enhancing Abu Dhabi’s brand recognition in the Chinese market.
Abu Dhabi, the capital and largest emirate of the UAE, has been actively diversifying its economy by investing in tourism. Liu Yifei’s endorsement significantly boosted the emirate’s visibility and appeal among Chinese-speaking audiences. Official figures show that in 2023, Abu Dhabi welcomed nearly 24 million visitors, with international arrivals up 54% year-on-year and overnight stays increasing by 27%. Tourism contributed approximately AED 49 billion (around RMB 96 billion) to the UAE’s GDP.
Yousuf emphasized that the decision to appoint Liu Yifei followed extensive due diligence and was part of a broader strategy to position Abu Dhabi as a leading global destination. Her popularity and market influence made her a natural choice to represent the emirate on the international stage.
News Source: https://finance.eastmoney.com/a/202505283417081287.html
(7) Joey Yung Closes Out 3-Year Tour with Emotional Finale in Macau
(Photo Credit: Weibo)
Joey Yung brought her three-year “ETERNITY” concert tour to a powerful close in Macau, delivering an emotional performance that moved both herself and her fans. During her rendition of “Tokyo Life,” cherry blossom confetti filled the air as fans raised light boards, prompting Yung to tear up. She expressed deep gratitude, saying the faces and support of her fans remained constant despite the passage of time. Her heartfelt thanks highlighted the bond she shares with her audience, thanking them for their unwavering support over the years.
In a standout moment, Yung picked up a guitar and performed her hit “Airport” in a sharp, androgynous outfit, recreating a classic scene from her “NO.6” concert. Despite nerves and sweat nearly causing her glasses to slip, she joked about looking like an insurance agent, comparing concert tickets to policies that must deliver satisfaction. Her humor and charisma lit up the stage, earning cheers and laughter from the crowd.
Yung also showcased her dance skills with a high-energy medley alongside 20 dancers, performing hits like “Ya Ya Ya,” “Double Happiness,” and “Pretty Crazy.” She added a personal touch by inviting a lucky fan onstage at each show. At the finale, fans surprised her with a banner naming her the “Hardest-Working Star in Hong Kong Music,” to which she responded with heartfelt thanks and hopes to see everyone again soon.
News Source: https://www.orientaldaily.com.my/news/entertainment/2025/05/27/736034
(8) Chinese Actor Hu Bing Encounters Kenny Bee at Mak’s Noodle in Hong Kong
(Photo Credit: 360 Entertainment)
Chinese actor and former top model Hu Bing, now 54, recently made headlines after a surprise encounter with legendary Hong Kong singer Kenny Bee at Mak’s Noodle. Known for his towering height and striking looks in his youth, Hu Bing has remained single over the years and was once rumored to be romantically linked to Edward Chen, the father of Edison Chen. Despite his past fame, recent public appearances have shown visible signs of aging, including wrinkles and a more mature appearance.
While filming in Hong Kong, Hu Bing ran into 72-year-old Kenny Bee, who is widely admired for his seemingly ageless looks. The two warmly embraced and posed for a photo, which quickly circulated online. Fans were quick to comment on Kenny Bee’s youthful appearance, with many noting that he looked even younger than Hu Bing, sparking admiration and surprise.
The encounter has stirred nostalgic reflections among fans, highlighting the unpredictable nature of aging and the enduring charm of both celebrities. The moment served as a reminder of how time affects everyone differently, and how public figures continue to captivate audiences across generations.
News Source: https://www.dimsumdaily.hk/chinese-actor-hu-bing-encounters-kenny-bee-at-maks-noodle-in-hong-kong/
(9) Cecelia Cheung’s Potential Cameo and Dilraba Dilmurat’s Role in Stephen Chow’s “Women’s Soccer”
(Photo Credit: Weibo)
Stephen Chow’s highly anticipated film “Women’s Soccer” has stirred speculation over who will play the lead female role. While Zhang Xiaofei was initially believed to be the frontrunner, attention has shifted to Dilraba Dilmurat, who has been deeply involved in the production from start to finish. Her intense physical training and prominent presence on set, including wearing the symbolic number “10” jersey, have led many to question whether she might actually be the film’s true lead.
The production has been shrouded in secrecy since filming began in March, with media outlets closely tracking developments. Reports revealed that Zhang Xiaofei had completed her scenes and left the set early, while Dilraba is expected to wrap up filming by early June. Her dedication, including training in a “Number 8” jersey and sacrificing personal time such as her upcoming birthday, has impressed both fans and insiders like Tin Kai-man, a close associate of Chow.
The film also features a star-studded cast including Sisley Choi, Korean actor Song Kang-ho, and possibly a cameo by Cecilia Cheung, who appeared in “Shaolin Soccer”. Cheung, currently celebrating her 45th birthday with her children, has remained a beloved figure, adding nostalgic excitement to the film’s buzz.
(10) Cirque du Soleil’s Kooza Returns to Hong Kong with a Fresh Twist
(Photo Credit: Sam Tsang)
After a seven-year hiatus, Cirque du Soleil is back in Hong Kong with its acclaimed production “Kooza,” now running until 13 July at the Central Harbourfront Event Space. The show, which blends traditional circus arts with theatrical flair, follows the journey of the Innocent, a clown drawn into a whimsical world by the Trickster. Audiences can expect a two-hour spectacle filled with high-flying acrobatics, daring stunts, and comedic interludes, all performed under Cirque’s signature big top.
Although “Kooza” was last staged in Hong Kong in 2018, this year’s production features a refreshed lineup, including new acts like Mizuki Shinagawa’s aerial silk routine and Sante D’Amours Fortunato’s hoop manipulation. Duncan Fisher, Cirque’s Chief Show Operations Officer, describes “Kooza” as “the most ‘circus’ of all our circuses,” and highlights the unique challenges of setting up the show, which involves transporting over 100 cargo containers and building a self-sufficient mini-city at each location.
Fisher is particularly excited about the Hong Kong venue, praising its rare downtown location and scenic waterfront setting. Partnering with Mast International and Great Entertainment Group, Cirque aims to make Hong Kong a regular stop on its global tour circuit, alongside cities like London, Madrid, and Sydney.
News Source: https://www.scmp.com/lifestyle/entertainment/article/3311553/why-cirque-du-soleil-circus-show-kooza-back-hong-kong-edge-your-seat-stuff
(11) JJ Lin Performs in Hong Kong as Nicholas Tse Offers Culinary Tribute
(Photo Credit: LIANHE ZAOBAO)
Renowned Mandopop artist JJ Lin returned to the Hong Kong stage on 24 and 25 May, performing at the newly developed Kai Tak Sports Park. This marked his first appearance at the venue, and he expressed his excitement on social media just hours before the show, sharing rehearsal photos and inviting fans to join him for an unforgettable night as part of his “Final Lap” world tour.
In a gesture of support and camaraderie, Hong Kong actor and celebrity chef Nicholas Tse created a limited-edition culinary item exclusively for the concert. The specially designed dish, a spicy crab and juicy shrimp hot dog, was made available in limited quantities at the venue, blending Tse’s culinary expertise with the celebratory spirit of the event. This collaboration added a unique and memorable element to the concert experience.
The event not only showcased JJ Lin’s musical talent but also highlighted the strong bonds within the entertainment industry. With Tse’s thoughtful contribution and Lin’s dynamic performance, the concert became a multidimensional celebration of music, friendship, and creativity.
News Source: https://www.zaobao.com/entertainment/story20250524-6463664
(12) China Pop Idol Live-streams Sale of Own Sanitary Pad Brand, Earns US$3 million in Half an Hour
(Photo Credit: SCMP composite/Douyin/Weibo)
Chinese celebrity and billionaire heir Huang Zitao has entered the feminine hygiene market with his new sanitary pad brand, Domyway, following a major scandal in China where factories were caught repackaging used sanitary products. Outraged by the revelations, Huang invested around US$40 million to build a factory with fully automated production lines and partnered with personal care brand Duowei. His goal was to offer clean, trustworthy products, and he emphasized transparency by including QR codes on packaging that allow consumers to view the production process in real time.
Huang’s live-streamed product launches have drawn massive attention, with one session selling 450,000 boxes in just 30 minutes, generating over US$3 million in sales. His wife, singer Xu Yiyang, played a key role in product testing, and Huang credited her support as a driving force behind the venture. While many praised his sincerity and commitment to women’s health, others questioned whether a male-led team could truly understand female needs, and some criticized the use of his wife’s personal experiences in marketing.
Despite the mixed reactions, Huang remains firm in his mission, stating that his motivation is responsibility, not profit. He hopes to be seen as a serious entrepreneur rather than just a celebrity. The launch of Domyway has sparked widespread discussion on Chinese social media, with related topics garnering over 100 million views, reflecting both the public’s concern over product safety and the influence of celebrity-driven business ventures.
News Source: https://www.scmp.com/news/people-culture/china-personalities/article/3311375/china-pop-idol-live-streams-sale-own-sanitary-pad-brand-earns-us3-million-half-hour?module=top_story&pgtype=section
