The China-U.S. film relationship is set for a much-needed shot in the arm from the launch of Maverix Pictures. The company is a Hong Kong entity set up to finance and produce major international pi…
The China-U.S. film relationship is set for a much-needed shot in the arm from the launch of. The company is a Hong Kong entity set up to finance and produce major international pictures on both sides of the Pacific.
Maverix Group is a Hong Kong company with registered capital of over $250 million and a mission to develop large-scale theme parks in China. One of the largest financial backers of the Maverix Group is China Railway Construction Corp. , the second-largest construction and engineering company in the world.
Although sovereignty over Hong Kong returned to China in 1997, the territory continues to operate as an entrepot between East and West, and as an offshore financial center. The additional funding will be utilized to cash flow Maverix Pictures’ initial slate. Some, but not all of, the films will shoot on location in mainland China, and augment Maverix’s theme-park business.
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