TGE's Latest Film "Scare Out" Surpasses US$190 Million at the Global Box Office

Rhea-AI Summary

The Generation Essentials Group (NYSE: TGE) film "Scare Out" has surpassed US$190 million at the global box office and recorded more than 28.28 million admissions as of March 17, 2026.

The Movie achieved the highest daily seat-occupancy rate for six consecutive days, ranks as the eighth highest-grossing domestic Chinese crime film, and is the top-grossing crime story release during the Chinese New Year period in the past five years.

Positive

• Global box office surpassed US$190 million
• Admissions exceeded 28.28 million viewers
• Seat-occupancy highest for six consecutive days
• Ranked 8th highest-grossing domestic Chinese crime film
• Top-grossing crime story during recent Chinese New Year five-year window

Negative

• None.

News Market Reaction – AMTD

-1.89%

-1.89% Session close to close

In the Mar 17 session, AMTD declined 1.89%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights continued momentum for TGE’s film "Scare Out," which has surpassed US$1...

Analysis

This announcement highlights continued momentum for TGE’s film "Scare Out," which has surpassed US$190 million in global box office with more than 28.28 million viewers and strong seat-occupancy trends. It reinforces earlier box office milestones within the AMTD ecosystem and complements recent expansion in hospitality and real estate. Investors may monitor how this success translates into reported revenue, margins, and future content initiatives across AMTD Digital and related entities.

Key Figures

Global box office: US$190 million Total admissions: 28.28 million viewers Consecutive high-occupancy days: 6 days +2 more

5 metrics

Global box office US$190 million "Scare Out" cumulative global box office

Total admissions 28.28 million viewers "Scare Out" total global admissions

Consecutive high-occupancy days 6 days Highest daily seat-occupancy rate for six consecutive days

Domestic crime film ranking 8th highest-grossing Chinese domestic crime film ranking in Chinese film history

Holiday crime story record Highest-grossing in 5 years Crime story movie during Chinese New Year Holiday over past five years

Historical Context

5 past events · Latest: Mar 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 10	London acquisitions	Positive	+1.0%	Announced US$87.7M London real estate transactions and related financing.
Mar 09	Hotel acquisition	Positive	-2.0%	TGE completed US$69M Tribeca hotel purchase and rebranding strategy.
Mar 03	Film box office	Positive	+2.5%	"Scare Out" surpassed US$160M global box office and strong social media reach.
Feb 27	Full year results	Positive	-2.5%	AMTD Digital reported sharp increases in revenue, net income and net assets.
Feb 27	Subsidiary results	Positive	-2.5%	AMTD IDEA highlighted AMTD Digital’s strong FY 2025 financial performance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive corporate and subsidiary news often saw mixed reactions, with several instances where upbeat announcements coincided with negative price moves.

Recent Company History

Over recent months, AMTD and its ecosystem have focused on expansion and content-driven growth. TGE’s film "Scare Out" previously reported global box office above US$160 million, while AMTD and AMTD Digital pursued hotel and London office acquisitions totaling about US$87.7 million and a separate US$69 million Tribeca hotel deal. AMTD Digital also reported strong fiscal 2025 growth, with revenue reaching US$136.1 million and net income US$97.0 million. Today’s update extends the same film’s success story, reinforcing the group’s entertainment and hospitality strategy.

Key Terms

seat-occupancy rate

1 terms

seat-occupancy rate technical

"achieving the highest daily seat-occupancy rate for six consecutive days"

Seat-occupancy rate is the percentage of available seats that are actually filled over a given period, like how many seats on a plane, train, or in a venue are sold compared with how many could have been sold. It matters to investors because it shows how well a company turns capacity into revenue—higher occupancy means better use of assets and stronger demand, while falling occupancy can signal weakening sales or oversupply, much like empty tables at a restaurant indicate lost income.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PARIS, NEW YORK and LONDON, March 17, 2026 /PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group ("TGE", NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce that "Scare Out" (the "Movie") has achieved remarkable box office success. The Movie has surpassed US$190 million at the global box office, with total admissions exceeding 28.28 million viewers.

One month after its release, the Movie continues to perform strongly, achieving the highest daily seat-occupancy rate for six consecutive days. It has also become the eighth highest-grossing domestic Chinese crime film in Chinese film history, as well as the highest-grossing crime story movie released during the Chinese New Year Holiday period in the past five years.

AMTD is a co-production company of the Movie, with Dr. Calvin Choi, founder of AMTD IDEA, AMTD Digital, and TGE, serving as a co-producer.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as "Twitter") at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital's announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L'Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor"provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects,""anticipates," "aims," "future," "intends," "plans," "believes,""estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

View original content:https://www.prnewswire.com/news-releases/tges-latest-film-scare-out-surpasses-us190-million-at-the-global-box-office-302716089.html

SOURCE AMTD Digital; AMTD IDEA Group; The Generation Essentials Group

FAQ

How much has TGE's movie "Scare Out" earned worldwide as of March 17, 2026 (HKD)?

The Movie has earned more than US$190 million worldwide, a major global box office milestone. According to AMTD Digital, total admissions have exceeded 28.28 million, underscoring broad audience reach across markets.

What significance does "Scare Out" hold in Chinese crime film rankings for TGE (NYSE: TGE)?

"Scare Out" is the eighth highest-grossing domestic Chinese crime film, a notable ranking improvement. According to AMTD Digital, this places the Movie among the top-performing Chinese crime titles in box office history.

How did "Scare Out" perform during the Chinese New Year holiday compared with recent crime releases?

The Movie became the highest-grossing crime story release in the Chinese New Year period over the past five years. According to AMTD Digital, it outperformed other holiday crime releases in that recent five-year window.

What audience metrics did "Scare Out" achieve in its first month after release?

One month post-release, the Movie sustained the highest daily seat-occupancy rate for six consecutive days, signaling strong demand. According to AMTD Digital, this indicates exceptional theater attendance momentum early in its run.

What role did AMTD play in the production of "Scare Out" (symbol HKD)?

AMTD served as a co-production company and Dr. Calvin Choi is credited as a co-producer on the film. According to AMTD Digital, AMTD Group participated in producing the Movie alongside TGE and partners.