China appears to have controlled Covid-19 - more or less - enabling the population to return to some degree of normal. Hence, China’s entertainment business is in a way, a proxy to Covid recovery play. And not just any kind of entertainment business, such as sitting for a couple of hours in a cinema, but a totally immersive experience where people can pretend to be the Black Widow, or Spiderman or Iron Man. Currently unlisted, Cityneon holds the intellectual property (IP) rights to run these immersive exhibitions in China, and other jurisdictions.

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