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China Box Office: ‘Pegasus 3’ Dominates Lunar New Year Holiday Frame

by Asia Today Team
February 23, 2026
in Entertainment
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Hong Kong Film Festival Marks 50th Anniversary With Chinese Cinema Retrospective, Chen Kaige, Tsai Ming-liang, Ann Hui Masterclasses

Ex-SG model Chuando Tan turns 60; proceeds to break the internet


(Selection) China’s theatrical market surged throughout the Lunar New 12 months vacation interval (Feb. 17–22), incomes RMB4.47 billion ($647.4 million) over the six-day body, in line with knowledge from Artisan Gateway.  

The interval was led by a slate of main simultaneous releases that debuted on Tuesday, propelling the territory to briefly turn out to be the world’s top-grossing movie marketplace for 2026. Racing-comedy “Pegasus 3” emerged because the runaway champion, amassing $369.3 million in its first six days. Directed by Han Han and starring Shen Teng, the third installment within the franchise follows racer Zhang Chi as he leads an underdog nationwide crew into the worldwide Muchen 100 Rally.

Zhang Yimou’s espionage thriller “Scare Out” secured the second spot for the vacation interval, incomes $110.7 million. Starring Jackson Yee and Zhu Yilong, the movie facilities on a high-stakes counterintelligence operation to plug a leak of categorised knowledge.

In third, martial arts epic “Blades of the Guardians” took in $97.3 million (RMB 691.0 million). Directed by Yuen Woo-ping and starring Wu Jing, Nicholas Tse and Jet Li, the variation of the favored manhua follows a talented mercenary named Dao Ma as he treks throughout the tough deserts of the Western Areas. Tasked by a benefactor with an escort mission, he should safely transport a mysterious fugitive to Chang’an, unknowingly changing into caught in a deadly scheme with nationwide penalties.  

Animation staple “Boonie Bears: The Hidden Protector” adopted in fourth with $89.7 million (RMB 637.0 million). The twelfth function movie within the Fantawild franchise sees Briar, Bramble and Vick embark on a brand new journey in Eve Metropolis.

Jackie Chan’s action-comedy sequel “Panda Plan 2” rounded out the vacation prime 5 with $24.6 million (RMB 175.0 million). Directed by Derek Hui, the movie follows Chan as he protects the beloved panda Hu Hu from worldwide thieves after stumbling upon a hidden primitive tribe that hails the panda as a divine key to their survival.  

Whereas the 2026 year-to-date income of $1.08 billion is at present down 64.6% from the 2025 interval, the vacation surge has considerably narrowed the hole for the spring season.

Supply: Selection by Naman Ramachandran  Feb 22, 2026 11:30pm PT



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