As of 6 p.m. Saturday, China's box office revenue on the day, the first day of the Spring Festival holiday, had reached 1.14 billion yuan (about 160 million U.S. dollars), data from the China Movie Data Information Network showed.

Domestic comedy-drama film "Pegasus 2" led the daily box office chart, generating a daily revenue of over 343 million yuan so far on its premiere day.

It was followed by domestic comedy-drama film "Yolo", which also debuted Saturday, with a daily revenue of over 336.5 million yuan.

Another newcomer "Boonie Bears: Time Twist," the latest installment of a well-known Chinese animated movie series, came in third, earning 225.9 million yuan on the day. 

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