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China's most expensive film 'The Great Wall' fails to excite filmgoers, or LeEco shareholders

China's most expensive film 'The Great Wall' fails to excite filmgoers, or LeEco shareholders

The Great Wall, China’s most expensive film, looks like turning into another money loser for beleaguered Chinese tech giant LeEco, which was betting big that the Hollywood-Chinese co-production would revive flagging investor confidence in the company. Directed by Oscar nominee Zhang Yimou and starring top US A-lister Matt Damon and Chinese favourites Andy Lau and Jing Tian, the English-language monster-action big-screener costing US$150 million had every reason to be dubbed “the biggest film ever shot in China”, backed by Dalian Wanda Group’s Legendary Entertainment – itself owned and under the watchful eye of China’s richest man Wang Jianlin – and Hollywood’s iconic studio Universal Pictures.