IMAX Weathers China’s Financial Storm With ‘Monster Hunt’

IMAX has benefited greatly from its bold and broad incursion into China that will ultimately make that country, rather than the U.S., its No. 1 market. But the recent financial crisis in Beijing brings the risks involved with its strategy into sharp focus.

Its shares have risen 52 percent over the past 12 months, but since the Chinese stock market crash a month ago — which came days after the company began rolling out its IMAX China initial public offering — the giant-screen goliath’s...

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