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Hong Kong BO growth slows in 2013

Hong Kong BO growth slows in 2013

By Kevin Ma

Wed, 03 July 2013, 21:45 PM (HKT)

Box Office News

Hong Kong box office revenue in the first half of 2013 grew by 1.43% to HK$765 million (US$98.7 million), up from HK$754 million (US$97.2 million) in the first half of 2012. One year ago, half-year growth was 19.1%, slowing to 11.8% by year-end.

2013 box office was boosted by Marvel's Iron Man 3, which single-handedly made HK$106 million (US$13.7 million). It alone represented 13.9% of all box office income in the first half of the year. In 2012, The Avengers (2012) scored HK$96.6 million (US$12.5 million) for a 12.8% share of first year figures.

Out of the 153 films released theatrically in the first six months, 19 films are considered Hong Kong productions by the Motion Picture Industry Association Ltd (MPIA) 香港電影協會 who compiled the data. Chinese-language productions without a majority Hong Kong crew, such as Lost in Thailand 人再囧途之泰囧 (2012), do not qualify.

Of the local films, Stephen CHOW 周星馳's China co-production Journey to the West: Conquering the Demons 西游 降魔篇 fared best with HK$28.4 million (US$3.66 million). It sits at fourth place behind Hollywood films Iron Man 3, World War Z (2012) (HK$30.7 million to date) and A Good Day to Die Hard (HK$28.7 million).

Two other Hong Kong films made the top ten: WONG Kar-wai 王家衛's The Grandmaster 一代宗師 (HK$21.3 million) — securing almost double the box office of his biggest local success, his debut As Tears Go By 旺角卡門 (1988) — and the Lunar New Year comedy Hotel Deluxe 百星酒店 (HK$19.4 million).

Only one other local film broke the HK$10 million (US$1.29 million) milestone, comedy I Love Hong Kong 2013 2013我愛HK恭囍發財, released on the same day as Journey and Hotel during the New Year holidays.

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