# Real Estate Bubble

The Final Curtain: How the ‘Disney of China’ Ambition Led Huayi Brothers to the Brink of Bankruptcy

Huayi Brothers, once China's premier film studio, has entered pre-restructuring as it faces insolvency following years of strategic blunders and a failed pivot to real estate. The company, which has lost 8.5 billion yuan since 2018, represents the collapse of the star-driven, capital-heavy era of Chinese cinema.