After Jingpin Entertainment went public, its market value temporarily stabilized at around 71.8 billion RMB, making it one of the most stellar-performing film and television companies of 2016.
This was all the more remarkable given that the market values of other media and entertainment companies were shrinking drastically.
However, with the overall macro environment in a downward trend, whether Jingpin Entertainment could hold onto its market value of over 70 billion RMB remained open to debate.
Chapter 424