Hong Kong cinema delivered an impressive report card in 2024 with two local films surpassing the HK$100 million (US$12.9 million) mark at the box office for the first time in a single year, but industry players said it was premature to speak of a full recovery for the sector.
While box office takings over the Christmas holiday period rose almost seven per cent from last year’s 20-year-low of HK$19.6 million to HK$21 million, overall year-on-year revenue declined and at least eight cinemas have ceased operations in the past year.
