It is rare for a local production to give a Hollywood blockbuster a run for its money, said Ip Man star Donnie Yen at a party to celebrate the film's success last week. So far Ip Man 2 has pulled in 28 million yuan, 7 million yuan more than Iron Man 2. In Hong Kong, Iron Man 2 was released one day after Ip Man 2. Ip Man 2, which premiered on April 27 in the mainland, raked in 100 million yuan ($14.7 million) in the first week while Iron Man 2, which hit theaters on May 7, earned 60 million yuan up to May 13. The hero of Ip Man 2, a sequel to the 2008 biopic of the kungfu master, faces up to a Western boxer and knocks him out. Ip Man 2 was a winner in the box office contest against the Hollywood superhero, suggesting local films are becoming relatively more popular. Hong Kong kungfu star Donnie Yen stars in Ip Man 2, a sequel to the 2008 biopic of the kungfu master.
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