“Ip Man 3” just ended “The Mermaid’s” three-week reign atop the box office in China on Friday with a $24.3M opening, which includes $1M from midnight screenings. Depending on word-of-mouth and how front-loaded the martial arts film is, it’s looking at a huge $70M opening for the entire three-day weekend. “Ip Man 3” is directed by Wilson Yip, stars Donnie Yen, features Mike Tyson as a villain, and has Yuen Woo-Ping choreographing the film’s many outstanding fight scenes. read more