Movie and television post-production house VHQ Media Holdings Ltd plans to spin off its China operations and list the unit in Hong Kong to help fuel ambitious growth targets in the booming Chinese movie industry.

VHQ Media Holdings Ltd has announced that it will acquire a substantial majority and controlling stake in China Jupiter Media at the conclusion of its board meeting on 15th December 2017.

VHQ Media Holdings Ltd reported that May 2018 Consolidated Revenue amounted to NTD 134.606 million, up 29.97% YOY, representing a record-setting high.