00772 CHINA LIT
- 28.000
- -0.350-1.23%
CHINA LIT News
“Daredevil the Sky: Summit Showdown” went live on June 7, and the number of pre-orders has exceeded 6 million
On April 29, China Mobile Games (00302) officially announced that the phenomenal national IP, authorized by Reading Group (00772) and distributed by China Mobile Games and developed by Shenzhen Yi Fan, will launch on all platforms on June 7.
Returns Are Gaining Momentum At China Literature (HKG:772)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employe
China Literature Logs 32% Profit Rise for 2023
China Literature's (HKG:0772) attributable profit shot up 32.3% to around 804.9 million yuan for the year through December 2023, from about 608.2 million yuan in the preceding year, according to a Wed
閱文集團：年度報告2023
Changes in Hong Kong stocks | Reading Group (00772) rose more than 7% at the end of the session, AI continues to empower the content ecosystem and ushered in a key IP content release cycle this year
Reading Group (00772) rose more than 7% at the end of the session. As of press release, it was up 7.13% to HK$27.8, with a turnover of HK$146 million.
Changes in Hong Kong stocks | Reading Wen Group (00772) has a strong production pipeline this year and will collaborate with Huayi Brothers to produce a short drama
Reading Text Group (00772) rose more than 5%. As of press release, it was up 5.54% to HK$25.7, with a turnover of HK$48.538 million.
Reading Text Group (00772) spent approximately HK$4.861 million to repurchase 200,000 shares on April 19
Reading Text Group (00772) issued an announcement to spend approximately HK$4.861 million to repurchase shares on April 19, 2024...
[Broker Focus] Guoyuan International: AIGC will greatly promote the development of the metaverse
Jinwu Financial News | Guoyuan International said that AIGC will greatly promote the development of the metaverse. Large amounts of digital native content in the metaverse require AI to help complete the creation. AIGC uses artificial intelligence technology to generate content and is considered a new type of content creation after PGC and UGC.
China Literature Limited's (HKG:772) Market Cap Surged HK$1.7b Last Week, Public Companies Who Have a Lot Riding on the Company Were Rewarded
Key Insights Significant control over China Literature by public companies implies that the general public has more power to influence management and governance-related decisions Tencent Holdings Li
Changes in Hong Kong stocks | Yuewen Group (00772) rose more than 4%, rich in visualization project reserves, and the release of large IP products is expected to drive performance growth
Reading Text Group (00772) rose more than 4%. As of press release, it was up 3.72% to HK$27.9, with a turnover of HK$484.727 million.
Changes in Hong Kong stocks | Yuewen Group (00772) rose more than 5%, and the company's visualization project reserves are rich, and revenue from copyright operations is expected to pick up
Reading Text Group (00772) rose more than 5%. As of press release, it rose 5.16% to HK$26.5, with a turnover of HK$87.2015 million.
Hong Kong Stock Concept Tracking | The characteristics of the skit user group are gradually showing that institutions are concerned about the construction of the industry ecosystem (with concept stocks)
According to the April 3 research report of Huajin Securities, the short drama application industry continues to grow, and the characteristics of user groups are gradually showing. The short drama application industry complements the reach gap for long and short video users, and the penetration of young people is superior to online video and short video platforms; at the same time, the coverage of short dramas in low-tier cities is higher than online video. At the same time, the Douyin applet, whose main content is skit, has gained over 80 million users and has become the main constituent channel for the skit application industry. The Matthew effect is beginning to show in the skit application industry, with platforms below one million levels accounting for more than 60%. Various types of online audiovisual works complement each other to meet user needs, and focusing on the quality of video content helps build an industry ecosystem. Yangtze River Certificate
China Literature's (HKG:772) Earnings Seem To Be Promising
Shareholders appeared to be happy with China Literature Limited's (HKG:772) solid earnings report last week. Looking deeper at the numbers, we found several encouraging factors beyond the headline pr
Hong Kong Stock Concept Tracking | Google Chatbot Fined for Copyright Infringement AI Training Corpus Receives Attention (with concept stocks)
Currently, big models are booming, and corpus training has become an essential part.
Intelligent communication decision reference｜The upward trend mainly depends on real estate robots worth tracking
The Hong Kong stock market had ups and downs last week. It surged for a while after the Federal Reserve's interest rate meeting was settled last Thursday, but since then Switzerland took the lead in cutting interest rates, which directly led to a weakening of the exchange rate. Coinciding with other bearish Hang Seng Index being accurately blocked, the index retracted from the 30-day EMA.
[Broker Focus] Guoyuan International: Increased attention in the Internet sector, and appropriate additional opportunities revealed
Jinwu Financial News | Guoyuan International reports that according to WIND's Hong Kong stock market segment, the weekly rise and fall of the IT industry in the Tier 1 industry was +4.60% last week, showing that it ranked high in the Hong Kong Stock Exchange's Tier 1 industry ranking. In the second-tier industry, the software sector had a rise and fall rate of +5.71%, and the media sector had a rise and fall rate of +1.02%. The software sector ranked first in terms of performance. The PE-TTM for the software and services sector was 16.9x, at 6.73% of the past year, lower than the Hang Seng Technology Index PE-TTM (17.89x), and continued to hover at the bottom; PS-TTM for the software and services sector
Reading Group: Consolidation of the Internet text infrastructure, volume of IP business, and the inflection point of 2024 is getting closer
China's online culture market is entering its best stage of development. As people's willingness to pay increases, now more and more authors are joining the team to create high-quality online articles, and high-quality content further increases users' willingness to pay to watch, forming a virtuous cycle in this industry. Driven by trends such as refinement, accelerated IP transformation, and globalization, the overall market size of the online literature industry exceeded 300 billion yuan in 2023, of which the Internet literature IP market reached 26.5 billion yuan, an increase of 10 billion yuan over the previous year; as an upstream online culture market, the size of the online culture market grew from 15.9 billion yuan in 2018 to 2023
[Hong Kong Stock Connect] Yuewen Group (00772) rose 4.34% last year's performance in line with market expectations, Citi is optimistic about the development of the Shinih Investment Project pipeline
Jinwu Financial News | Reading Text Group (00772) fluctuated and rose in early trading. As of press release, it reported HK$26.4, up 4.34%, with a turnover of HK$54.23 million. According to the news, Citibank Research reports that last year's revenue and adjusted profit were basically in line with the bank's and market expectations. The bank expects Shinih Media's investment project pipeline to develop well this year. For example, successfully investing in the hit movie “Hot and Hot”, Citi expects strong profit growth. At the same time, it believes that as more IP content is licensed, other IP adaptation businesses may record a certain increase; however, after optimizing online reading business channels, the performance is expected to be stable in the first half of this year
[Broker Focus] BOC International maintains Reading Group (00772)'s “neutral” rating, indicating that AI investment can be controlled and that short-term drag down profit growth
Jinwu Financial News | According to BOC International Development Research Report, Reading Wen Group (00772)'s performance last year was in line with expectations, with revenue of 7 billion yuan in 2023, down 8% year on year. Adjusted net profit decreased 16% to $1.1 billion. Looking ahead, the bank expects online business revenue to stabilize month-on-month, with a slight drop of 2% throughout the year, mainly considering the strength of core payment platforms and the gradual easing of the impact of channel contraction. Reading's core IP business is expected to maintain its growth trend, with a year-on-year increase of 22%, mainly due to an increase in the number of copyright licenses and a strong production project pipeline. Mobile games such as “Battle for the Sky”/“Dafeng Fight More People” have already received editions. Also, Shinih is expected to schedule broadcasts
Is It Time To Consider Buying China Literature Limited (HKG:772)?
China Literature Limited (HKG:772), might not be a large cap stock, but it saw a significant share price rise of 22% in the past couple of months on the SEHK. Shareholders may appreciate the rec
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