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When patriotism lights a fire under stocks

The nationalistic forces that boosted ‘Ne Zha 2’ and DeepSeek have also lifted Chinese stocks. But are the gains sustainable after the excitement fades?

This article only represents the author's own views.

The animated film “Ne Zha 2” achieved a blowout success during the Lunar New Year holiday, sending China’s box office soaring to record new heights. China’s national pride, weighed down by the country’s economic slowdown of recent years, also received a much-needed boost from the big success.

The film has already grossed 14.1 billion yuan ($1.95 billion), surpassing not only “Captain America: Brave New World” during the same season but also the 2021 blockbuster “Spider-Man: No Way Home,” to take the prize as the world’s seventh best grossing movie of all time. Such shiny achievements have turned this three-year-old demon boy known as Ne Zha into the new symbol of national pride for China, capable of slaying Spider Man and Captain America.

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詠竹坊

詠竹坊(官網鏈接)提供在香港和美國上市的中國企業相關新聞,重點關注中小企業和籌備上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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