Gremlins: Secrets of the Mogwai
I see that Joe Dante acted as a consultant, so there might be some small hope of it actually being funny. Then again, he isn't the writer, director, or producer, so how much of a say he had in it is unknown. He might have just happily taken a cheque.
I agree with you that it's weird (and not a good sign, IMHO) that he's called Gizmo. Since it takes place in Shanghai, he should have a Wu Chinese name, not the English name given him by Hoyt Axton's character.
Who knows, whether good or rank, maybe it will do well enough to gain enough interest to finally get the long rumoured Gremlins 3...