Connect with us

Press Release

CGTN: China’s 2025 box office tops global charts, sets new record

Published

on

CGTN published an article on China’s 2025 total box office surpassing 10 billion yuan (nearly $1.4 billion), ranking first globally. The article summarizes key data on the Spring Festival box office, reflecting the vitality and potential of China’s cinema industry. Focusing on films which are rooted in traditional Chinese culture and deliver cutting-edge technology, the piece underscores how this year’s Chinese New Year movies exemplify China’s cultural confidence and the industry’s innovative growth.

China’s 2025 total box office, including real-time presales, has surpassed 10 billion yuan (nearly $1.4 billion), ranking first globally – a landmark achievement for the film industry.

Meanwhile, the country’s box office revenue for the 2025 Spring Festival holiday has reached 9 billion yuan as of noon on Tuesday, setting a new record for the same period in the country’s film industry history, according to data from the China Film Administration.

The daily box office has exceeded 1 billion yuan for six consecutive days since January 29, when six films targeting the holiday season were released.

Spanning genres including mythology, comedy and action, the films on the top of the box office chart were all domestic productions, and the number of moviegoers also hit a new record.

Chinese cultural IP under spotlight

Leading the pack this year was the animated fantasy “Ne Zha 2,” the sequel to the 2019 hit “Ne Zha.” “Ne Zha 2” has earned over 4.1 billion yuan since its screening, cracking the top 10 in the Chinese box office of all time.

According to the box office forecast of movie data platform Maoyan, the total box office of “Ne Zha 2” is expected to exceed 6.7 billion yuan, hitting the top of the box office list in Chinese cinema history.

Directed by Yang Yu, widely known as Jiaozi, the film features Ne Zha, a popular young hero in Chinese legends and literature such as the literary classic Journey to the West. Born with unique powers, Ne Zha finds himself as an outcast who is hated and feared. Destined by prophecy to bring destruction to the world, the boy must choose between good and evil.

“The film is wonderful and touching, and the story is told really well. Chinese movies are really great,” said a moviegoer in Baoding City, north China’s Hebei Province.

Half of this year’s Chinese New Year movies are rooted in traditional Chinese culture, aiming to build a narrative system to present Chinese cultural characteristics, national spirit and national image, and showcase China’s cultural confidence.

The second installment of China’s blockbuster mythological trilogy, “Creation of the Gods II: Demon Force,” is based on the Ming Dynasty (1368-1644) novel “Fengshen Yanyi (The Investiture of the Gods).”

The trilogy depicts the fall of the Shang Dynasty and the rise of the Zhou Dynasty in the 11th century B.C., weaving together battles between mortals, deities, and demons.

In late January, the film opened in the Chinese mandarin with English subtitles in over 180 selected theaters in more than 30 cities across North America, and across Britain, Ireland, the Netherlands and Belgium, becoming an eye-opener for those unfamiliar with Chinese mythology.

When Chinese culture goes global, it mainly depends on the work itself and the core contents such as scripts, stories and characters, said director Yang Yu.

“These are the things that cannot be outsourced,” he said.

High-standard special effects

During this year’s holiday season, the audience has enjoyed a new level of audio-visual experience on the big screen. Among the six key films debuted at the Spring Festival, five are blockbusters with good special effects.

IMAX China set a new benchmark with 88 million yuan in first-day earnings, breaking its previous record from 2021.

Among the six films, five of them feature four special effects in formats: IMAX, CINITY, China Giant Screen, and Dolby Cinema.

The film “Creation of the Gods II: Demon Force” uses IMAX special format. In the movie “Operation Leviathan,” more than 50 large-scale scenes across the deep sea and land are meticulously built, exploring underwater shooting technology, and presenting refreshing high-tech weapons and equipment.

Growing appetite for immerse experience like IMAX and the cutting-edge technology, like artificial intelligence, are one of the trends contributing to Chinese box office success, said Tom Ara, a global co-chair of the Media, Sport and Entertainment sector at DLA Piper.

China’s film industry is no longer just competing. It’s innovating, he said.

 

For more information, please click:

https://news.cgtn.com/news/2025-02-04/China-s-2025-box-office-tops-global-charts-sets-new-record-1AIcC9poCtO/p.html

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

LINK FOREX Launches the “Smart Financial Ecosystem Trilogy” Strategy and Redefines Retail Investment

Published

on

London, United Kingdom – After successfully entering the Latin American market, global intelligent fintech platform LINK FOREX today announced its forward-looking strategy titled the “Smart Financial Ecosystem Trilogy.”

This initiative marks LINK FOREX’s evolution from a simple stock copy-trading platform into a comprehensive financial ecosystem that merges artificial intelligence, blockchain technology, and community intelligence, aiming to fundamentally enhance the capabilities and profitability of retail investors.

LINK FOREX’s Vision for the Future

Phase 1: AI Empowerment (2027–2028)

Launch of “LINK AI Advisor”: Development of a machine learning–based algorithmic system that generates personalized portfolio recommendations for each user. This will transform the platform into a stronger, more diverse ecosystem—moving beyond copy trading toward fully customized asset allocation for every individual.

Sentiment Analysis Tool: By integrating global news and social media data, LINK FOREX will introduce a real-time Market Sentiment Index, helping users avoid risks caused by irrational volatility.

Phase 2: Ecosystem Building (2027–2029)

Launch of “Strategy Workshop”: LINK FOREX will provide an open platform where certified traders can share their insights and market strategies. Users will be able to subscribe freely to this knowledge, creating a virtuous cycle of information exchange and knowledge monetization.

Global Expansion and Regulatory Compliance: In addition to existing supervision by the UK Financial Conduct Authority (FCA), the company plans to obtain top-tier licenses from the Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM), ensuring globally reliable and regulated financial services.

Expansion into Global Stock Markets: LINK FOREX aims to replicate its operational success in the U.S. market across China and Europe, offering users greater diversity in investment opportunities.

Phase 3: Value Connection (From 2028 Onward)

Exploration of DeFi Integration: The company will explore combining traditional copy trading with decentralized finance (DeFi) services, opening new sources of yield for users.

Creation of the “LINK Financial Think Tank”: LINK FOREX will collaborate with leading global universities to transform cutting-edge financial research into practical tools and educational content for everyday investors.

Management Commentary: David Whitcombe, Chief Analyst at LINK FOREX, stated: “Our ultimate goal is to make copy trading just a starting point—not the final destination. We are building a smart financial ecosystem that can learn, evolve, and grow alongside our users.”

Media Contact

LINK FOREX LTD: stock@link-forex.com

FOREX FUSION LTD: trading@forex-fusion.com

Contact: David Whitcombe

Company Name: LINK FOREX LTD

Website: https://www.link-forex.com/

Email: stock@link-forex.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

RedwoodX Strengthens Global Brand with Compliance-First Strategy and Institutional-Grade Operations

Published

on

RedwoodX launches a new global brand strategy focused on regulatory compliance and institutional-grade infrastructure, backed by U.S. licensing and pending EU expansion.

United States, 13th Nov 2025 – RedwoodX has unveiled its latest brand positioning strategy, placing regulatory compliance and institutional infrastructure at the core of its global identity. Backed by licensing from the U.S. Financial Crimes Enforcement Network (FinCEN) and registration with the Securities and Exchange Commission (SEC), and currently awaiting approval for a senior license in Poland, RedwoodX is positioning itself as one of the most trusted and transparent digital asset platforms for both retail and institutional participants.

Reinforcing Trust Through Global Regulatory Commitment

Today, RedwoodX announced that it is reinforcing its global brand through an intensified focus on compliance, transparency, and operational integrity. As digital asset regulations continue to evolve worldwide, the company’s mission extends beyond technical innovation — it aims to be a legally sound and globally trusted financial infrastructure provider.

A Multi-Licensing Strategy for Multi-Market Readiness

One of RedwoodX’s key advantages lies in its multi-license compliance strategy. The platform is already registered as a Money Services Business (MSB) under FinCEN, and is SEC-registered for relevant activities in the United States — one of the world’s most stringent regulatory environments.

In Europe, the company’s application for a securities trading license in Poland is currently under review, and full approval is expected by the end of 2025. This will grant RedwoodX structured access to the EU digital asset market under local and pan-European frameworks, including MiCA.

Executive Leadership on the Strategic Vision

Elliot Granger, Managing Director at RedwoodX, commented:

“Trust is the new currency of fintech. Our mission is not just to deliver advanced digital trading tools, but to operate clearly within defined legal frameworks — giving our users and partners full confidence in how we function.”

Compliance as a Brand Standard

Jennifer H., Head of Market Development at RedwoodX, added:

“We’ve seen how reputational risk can erode entire sectors. Our platform was built from day one on legal and ethical foundations — that’s why our brand aligns so naturally with what regulators and responsible market participants expect.”

Institutional-Grade Operations by Design

RedwoodX’s institutional infrastructure includes:

  •  Full segregation of client assets
  • Automated AML/KYC systems
  •  End-to-end audit traceability
  •  AI-powered risk monitoring modules

Combined with a globally distributed infrastructure and localized regulatory expertise, RedwoodX is uniquely positioned to deliver reliable, compliant digital asset services in both mature and emerging markets.

About RedwoodX

RedwoodX is a global digital asset platform committed to building regulated, innovative, and secure financial infrastructure. The company is licensed in the United States and actively expanding its compliance framework across the European Union and Asia, providing high-performance solutions to both retail and institutional investors.

Media Contact

Organization: RedwoodX Exchange

Contact Person: Michael Harrington

Website: https://redwoodxcoin.com/

Email: Send Email

Country:United States

Release id:37005

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, or legal advice. Readers should not rely solely on this information for decision-making. The inclusion of a business on MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency.

The post RedwoodX Strengthens Global Brand with Compliance-First Strategy and Institutional-Grade Operations appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Cactus Custody Reaches SOC 1 Type 2 Audit Completion – Setting a Higher Benchmark for Institutional Security

Published

on

Hong Kong S.A.R., 13th Nov 2025 – Cactus Custody,  Matrixport’s digital asset custodian safeguarding multi-billion US dollars worth of digital assets, today announced the successful completion of its SOC 1 Type 2 audit examination. The completion of this independent examination demonstrates that Cactus Custody has established an industry-leading operational control system and core capabilities in the institutional-grade crypto custody sector.

One of the global Big Four accounting firms conducted the independent audit , which included a comprehensive review of Cactus Custody’s processes. The audit covered areas such as client account onboarding, digital asset custody‌, and internal system operations. It also reviewed the company’s financial processing capabilities, such as settlement, reconciliation, account management, fee processing, asset valuation, reporting, and the secure management of cryptographic keys throughout their lifecycle across different custody storage methods.

SOC (Service Organization Control) reports are internationally recognized frameworks for assessing compliance and risk control, developed by the American Institute of Certified Public Accountants (AICPA). The SOC 1 Type 2 audit evaluates the design and operational effectiveness of a service organization’s internal controls related to financial reporting, typically assessed over a review period of 6 to 12 months. The successful completion of the SOC 1 Type 2 examination demonstrates that Cactus Custody upholds strong internal controls, operational processes, and asset protection mechanisms aligned with leading international practices.

Wendy Jiang, General Manager of Cactus Custody, stated: “For institutional clients, choosing a custodian requires trust not only in technical strength but also in process controllability and risk visibility. The SOC 1 Type 2 audit report confirms that our key control points—such as asset segregation, approval workflows, and access management—have been independently examined by a Big Four accounting firm. Our operational stability, access control, transaction approval, and financial reporting integrity adhere to globally recognized audit and control principles. Institutional clients may reference Cactus Custody’s audit results to support their own due diligence or vendor risk assessments. Moving forward, Cactus Custody will continue to strengthen its security and compliance audits and transparency initiatives, striving to build the world’s most trusted digital asset custody brand.”

In February 2025. Cactus Custody completed the SOC 1 Type 1 examination. The addition of the SOC 1 Type 2 audit examination marks another milestone, providing independent validation of its robust operational control capabilities. Cactus Custody will continue to deepen its presence in the crypto asset custody space, with its mission to raise industry custody standards, actively promote the development of a compliant and transparent ecosystem, and provide clients with robust and reliable custody services, supported by industry-leading comprehensive security measures.

About Cactus Custody

Cactus Custody, a Matrixport Group subsidiary with global regulatory credentials, offers digital asset custody, DeFi access, and OES/OTC settlement services to over 300 institutions worldwide, managing assets in the multi-billion-dollar range. It is operated by Matrix Trust Company Limited, which is licensed under the Hong Kong TCSP regime.

Using a cold-hot layered security architecture with institutional-grade HSM encryption and strict compliance controls, our custody solution is designed to safeguard digital assets with resilience and trust. Driven by innovation, we empower institutions to manage their digital assets with confidence.

Learn more: www.mycactus.com

Media Contact

Organization: Matrixport

Contact Person: Ivy Chen

Website: https://www.matrixport.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:37014

The post Cactus Custody Reaches SOC 1 Type 2 Audit Completion – Setting a Higher Benchmark for Institutional Security appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST