00772 CHINA LITWatchlist
About CHINA LIT Company
Reading Text Group is committed to building a broad and high-quality Chinese-language IP universe. The core IP cultivated and developed by the company and derivatives cover diverse forms of digital entertainment such as literature, animation, film, television, and games, and strives to integrate with offline real life to meet the comprehensive spiritual needs of users. Reading Text Group includes well-known brands in the industry such as QQ Reading, Starting Point Chinese.com, and Xinli Media to cultivate and develop IP, and has established extensive content distribution and IP cooperation with shareholder and strategic partner Tencent and third party partners. Reading Literature Group has successfully exported masterpieces of IP adaptations in the fields of animation, film, television, and games, including “Celebrate the Years After”, “Devil's Lantern”, “Contra Continent”, “Full Time Master”, and “Son-in-law.” Reading Text Group's huge and rich content library and ability to develop the entire IP industry chain are its important advantages. On November 8, 2017, Reading Text Group was listed on the main board of the Hong Kong Stock Exchange, stock code: 0772.
Changes in Hong Kong stocks | Yuewen Group (00772) fell by more than 4%, institutions believe that short-term monetization is still not showing significant attention to subsequent companies' production capacity expansion and AI virtual character interacti
Reading Group (00772) fell by more than 4%. At press time, it fell 4.33% to HK$28.7, with a turnover of HK$37.99 million.
Are Investors Undervaluing China Literature Limited (HKG:772) By 35%?
Using the 2 Stage Free Cash Flow to Equity, China Literature fair value estimate is HK$45.64
Reading Group Releases “2023 IP Benchmark”: Male Frequency IP Rises, Online Text IP Becomes Main Animation Force
Sina Technology News, at noon on November 20, Reading Group released the “2023 IP Benchmark” report (hereinafter referred to as the “IP Benchmark”), which summarizes the five major trends in the IP industry in 2023, namely: male frequency IP expands new space for video platforms, typological IP tracks are popular, group image writing adapts to the era of rising supporting actors, and online text IP becomes the main focus of animation to help the platform increase revenue and become a new force in IP mobile games. “IP Benchmark” points out that male frequency IP has shown new vitality in the space expansion of video platforms, and that tapping the potential of male users to achieve gender balance is critical to creating popular works for the nation
As to HK-listed AI concept stocks, $YIDU TECH(02158.HK)$logged the sharpest gain of 11.5% to $5.62. $CHINA LIT(00772.HK)$ regained 8.7% to $34.95.
$SENSETIME-W(00020.HK)$ reverted ...
TENCENT Distributes 51.15M Shrs of Kuaishou to External Capital Partners; Stake Reduced to About 19%
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