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CHINA LIT

29.100

-0.550-1.85%

Volume:30.48M

Turnover:880.56M

Market Cap:29.74B

PE:-129.02

High:29.600

Open:29.550

Low:28.150

Close:29.650

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Overview Company News Filings

China Literature to Boost Stake in Animated Series Creator

MT Newswires Live

BRIEF-China Literature Announces Acquisition Of Stake In Wuhan YHKT Entertainment

China Literature - Acquisition of 26.67% Equity Interest in Wuhan Yhkt Entertainment for RMB324.80 Mln

THOMSON REUTERS

China Literature Ltd. Acquires 26.67% Stake in Target Company to Enhance IP Ecosystem

China Literature Ltd. Conducted Annual General Meeting

China, Hong Kong stocks sag on soft data despite tariff truce lift

BUZZ-China Literature drops on removal from Hang Seng Tech Index; Midea, ZTO up

Stock Track | China Literature Plummets 5.11% as Stock Set for Removal from Hang Seng Tech Index

Midea Group, ZTO Express to Join HSI; HSTECH to Add BYD Company, Oust China Literature

HK Movers｜Tencent-Related Stocks Shined. Weimob Surged 13%; TME Up 10%; Yixin Up 6%; Youzan Up 2%

Tiger Newspress

China Literature Limited Just Missed Earnings; Here's What Analysts Are Forecasting Now

Simply Wall St.

BRIEF-China Literature Posts FY Loss Attributable RMB209.2 Million

Press Release: China Literature Announces 2024 Annual Results

What Is China Literature Limited's (HKG:772) Share Price Doing?

Simply Wall St.

Nomura Downgrades China Literature to Neutral From Buy, Adjusts Price Target to HK$27 From HK$29.80

MT Newswires Live

China Literature's 2025 Earnings Outlook Seems Weak -- Market Talk

China Literature Forecasts Net Loss in 2024; Shares Slide 7%

MT Newswires Live

Stock Track | China Literature Stock Plummets 5.01% as Company Expects Massive Loss and Impairment

BRIEF-China Literature Sees IFRS Net Loss Of RMB150 Mln To RMB250 Mln For Year

China Literature Sees Ifrs Net Loss of RMB150 Mln to RMB250 Mln for Year

THOMSON REUTERS

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China Literature Ltd 0772.HK:ACQUISITION OF 26.67% EQUITY INTEREST IN WUHAN YHKT ENTERTAINMENT FOR RMB324.80 MILLIONFurther company coverage: 0772.HK ((Reuters.Briefs@thomsonreuters.com;;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nFWN3S2293:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1589","00772","BK1130","BK1516"],"gpt_icon":0},{"id":"2539920220","title":"China Literature - Acquisition of 26.67% Equity Interest in Wuhan Yhkt Entertainment for RMB324.80 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2539920220","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539920220?lang=en_us&edition=fundamental","pubTime":"2025-05-30 21:33","pubTimestamp":1748611999,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nFWN3S2293:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1130","00772","BK1516","BK1589"],"gpt_icon":0},{"id":"2539220944","title":"China Literature Ltd. Acquires 26.67% Stake in Target Company to Enhance IP Ecosystem","url":"https://stock-news.laohu8.com/highlight/detail?id=2539220944","media":"Reuters","labels":["shareholding","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539220944?lang=en_us&edition=fundamental","pubTime":"2025-05-30 21:33","pubTimestamp":1748611983,"startTime":"0","endTime":"0","summary":"China Literature Limited has announced a significant transaction, with its subsidiary Shanghai Hongwen entering into an Equity Transfer Agreement to acquire a 26.67% equity interest in a target company. The agreement, signed on May 30, 2025, involves Shanghai Hongwen as the purchaser and several vendors, including Mr. Ruan Rui, Mr. Dong Xiangbo, and Mr. Chen Wei. This strategic move aims to strengthen China Literature's holdings and influence within the industry. The acquisition reflects China Literature's ongoing efforts to expand its portfolio and enhance its market position.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Literature Ltd. published the original content used to generate this news brief on May 30, 2025, and is sol","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL6zlH8K:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999000418.SGD","LU0648948544.HKD","LU0164865239.USD","TCHmain","LU0633140727.USD","LU1868837565.USD","LU0192582467.USD","LU0048388663.USD","LU0196878994.USD","LU0345776255.USD","LU2097828557.USD","LU1282649141.HKD","LU2125910500.SGD","SG9999001903.USD","IE00BZ08YT58.USD","BK1502","LU0708995153.HKD","LU0127658192.USD","LU0348816934.USD","LU0890818403.SGD","SG9999018865.SGD","LU0214875030.USD","LU0128522744.USD","SG9999000327.SGD","LU0821914370.USD","IE0032834883.USD","LU0315178854.USD","IE00B8HQ1Z84.USD","LU0264606111.USD","LU0593848301.USD","LU0786609619.USD","LU2152927971.USD","LU0700851271.USD","SG9999006514.SGD","LU0823041008.USD","LU0396098781.USD","LU1868838027.USD","LU1224444064.USD","IE00B0169L03.USD","BK1608","HTCD.SI","00772","LU0329678337.USD","LU0203347892.USD","LU0738912210.USD","LU0370786039.SGD","LU1807302812.USD","LU0608807433.USD","LU0985320562.USD"],"gpt_icon":1},{"id":"2539227975","title":"China Literature Ltd. Conducted Annual General Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2539227975","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539227975?lang=en_us&edition=fundamental","pubTime":"2025-05-30 21:01","pubTimestamp":1748610060,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Literature Ltd. published the original content used to generate this news brief on May 30, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDLbH2lN8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2097828805.USD","BK1130","LU1188198961.HKD","LU0348783233.USD","LU2498475776.HKD","LU0607220059.USD","LU1102505762.USD","IE0032431581.USD","IE00BZ08YS42.EUR","LU0543330483.HKD","LU0823397285.USD","LU1366334651.USD","LU0329678170.USD","LU0831103253.SGD","LU0259732245.USD","SG9999014674.SGD","LU0348783662.USD","LU0531970944.HKD","LU0326950275.SGD","LU1868837722.USD","LU0823426480.USD","LU1810669033.SGD","SG9999014906.USD","LU0359201885.HKD","HTCD.SI","SG9999006597.SGD","LU0605514214.HKD","SG9999000327.SGD","LU0823413660.USD","LU1951186391.HKD","LU0823040885.USD","BK1502","LU1769817096.USD","LU0048597586.USD","IE0009570106.USD","LU0516423174.USD","LU2237443382.USD","LU0132412106.USD","IE0003895053.USD","LU0128522744.USD","LU0501845795.SGD","IE0003795394.USD","LU1102505929.USD","LU0314109678.HKD","LU0449509016.USD","TCHmain","LU1366334578.USD","LU0327786744.USD","00772"],"gpt_icon":1},{"id":"2536208675","title":"China, Hong Kong stocks sag on soft data despite tariff truce lift","url":"https://stock-news.laohu8.com/highlight/detail?id=2536208675","media":"Reuters","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536208675?lang=en_us&edition=fundamental","pubTime":"2025-05-19 12:53","pubTimestamp":1747630380,"startTime":"0","endTime":"0","summary":"China, Hong Kong stocks sag on soft data despite tariff truce liftSHANGHAI, May 19 (Reuters) - China and Hong Kong stocks sagged on Monday, as weak local data on industrial and retail sales highlighte","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nL6N3RR06K:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B0JY6N72.USD","LU0868486357.SGD","LU0918141705.HKD","002670","LU1629966141.USD","LU2125910849.SGD","000333","SG9999001903.USD","LU1820825898.SGD","LU0128522157.USD","LU0244354667.USD","LU0572940350.SGD","LU0047713382.USD","LU0345775950.USD","IE00B3M56506.USD","LU0067412154.USD","LU1655091616.SGD","00700","TCHmain","LU0880133367.SGD","LU0633140727.USD","BK0070","LU1224444064.USD","IE00B543WZ88.USD","LU0051755006.USD","LU0823397285.USD","IE00B97KM107.HKD","SG9999001069.SGD","BK0026","LU0469268626.HKD","LU0588546209.SGD","LU0979878070.USD","SG9999014898.SGD","LU0737861699.HKD","00772","LU1235295612.USD","BK0183","LU1568876335.HKD","LU0456842615.SGD","02057","LU0543330483.HKD","HK0000320223.HKD","001872","LU2148510915.USD","IE0009570106.USD","600018","LU0405327148.USD","LU0061477393.USD","000507","HTCD.SI"],"gpt_icon":0},{"id":"2536526374","title":"BUZZ-China Literature drops on removal from Hang Seng Tech Index; Midea, ZTO up","url":"https://stock-news.laohu8.com/highlight/detail?id=2536526374","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536526374?lang=en_us&edition=fundamental","pubTime":"2025-05-19 11:11","pubTimestamp":1747624270,"startTime":"0","endTime":"0","summary":"BUZZ-China Literature drops on removal from Hang Seng Tech Index; Midea, ZTO up** Shares of online literature and intellectual property incubation platform China Literature 0772.HK drop 8.3% to HK$24.20, their lowest since April 9** Stock on course for its biggest one-day pct decline since April 7; top pct loser on Hang Seng Tech Index .HSTECH, which falls 1%** Index compiler Hang Seng Indexes Co Ltd said on Friday China Literature will be removed from Hang Seng Tech Index .HSTECH, while BYD Co 1211.HK will be included in the index from June 9 ** Midea Group 0300.HK and ZTO Express 2057.HK will be added to the Hang Seng Index .HSI, increasing the number of constituents to 85 from 83** Shares of Midea and ZTO climb 1.8% and 3.7%, respectively** TYK Medicines 2410.HK and Kangji Medical 9997.HK will be added to Hang Seng Biotech Index .HSHKBIO, while Alphamab Oncology 9966.HK and RemeGen 9995.HK will be removed from the index** TYK and Kangji rise as much as 2.4% and 4.2%, respectively   ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"c713467fa5347bab03b18f7285ed8f71","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nL1N3RR024:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK0187","LU0049853897.USD","00772","02057","02410","LU0531971595.HKD","LU0588545730.USD","LU0572939691.SGD","HYDD.SI","000333","LU0231483743.USD","LU0918141887.USD","LU2399975544.HKD","LU2249611893.SGD","LU0955669360.SGD","SG9999001846.SGD","IE00B031HW06.USD","IE00BPRC5H50.USD","81211","LU1130305938.SGD","LU1997244956.HKD","002594","LU0819123356.HKD","LU0235996351.USD","00300","LU2506951792.HKD","BK1521","BK1522","HTCD.SI","LU0127658192.USD","LU0181495838.USD","LU1820825898.SGD","LU0502904849.HKD","09995","LU0611395673.USD","LU0348735423.USD","BYDDY","09997","LU0823397285.USD","EVS.SI","TCHmain","LU1770036033.HKD","LU2362541513.USD","SG9999013353.USD","LU0348783662.USD","BK1540","688331","09966"],"gpt_icon":1},{"id":"1144000807","title":"Stock Track | China Literature Plummets 5.11% as Stock Set for Removal from Hang Seng Tech Index","url":"https://stock-news.laohu8.com/highlight/detail?id=1144000807","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1144000807?lang=en_us&edition=fundamental","pubTime":"2025-05-19 09:33","pubTimestamp":1747618416,"startTime":"0","endTime":"0","summary":"Shares of China Literature  plummeted 5.11% in early trading on Monday following the announcement that the stock will be removed from the Hang Seng Tech Index. The sharp decline came as investors reacted to the news, which is likely to impact the stock's visibility and demand among index-tracking funds.The removal from the Hang Seng Tech Index could have significant implications for China Literature. Being part of a major index often provides increased liquidity and investor interest, as many in","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"9333522ca5e510acf2739b3f4e77367a","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":"Stock Track | China Literature Plummets 5.11% as Stock Set for Removal from Hang Seng Tech Index","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00772"],"gpt_icon":0},{"id":"1163278875","title":"Midea Group, ZTO Express to Join HSI; HSTECH to Add BYD Company, Oust China Literature","url":"https://stock-news.laohu8.com/highlight/detail?id=1163278875","media":"AASTOCKS.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1163278875?lang=en_us&edition=fundamental","pubTime":"2025-05-16 18:31","pubTimestamp":1747391500,"startTime":"0","endTime":"0","summary":"Hang Seng Indexes Company Limited today  announced the results of its review of the Hang Seng Family of Indexes for the quarter ended 31 March 2025.The HSI will see $Midea Group$ and $ZTO Express$ to join the constituents, leading the total number of constituents to increase from 83 to 85.There is no change to the HSCEI. The total number of constituents remains unchanged at 50.$BYD Company$ will join the HSTECH family, while $China Literature$ will leave. The total number of constituents remains","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"c713467fa5347bab03b18f7285ed8f71","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1440493/top-news/AAFN","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Midea Group, ZTO Express to Join HSI; HSTECH to Add BYD Company, Oust China Literature","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"lsy1709109687566","symbols":["02057","ZTO","HSTECH","00772","HSI","00300","01211"],"gpt_icon":1},{"id":"1182277730","title":"HK Movers｜Tencent-Related Stocks Shined. Weimob Surged 13%; TME Up 10%; Yixin Up 6%; Youzan Up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1182277730","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1182277730?lang=en_us&edition=fundamental","pubTime":"2025-05-15 10:35","pubTimestamp":1747276502,"startTime":"0","endTime":"0","summary":"Tencent-related stocks shined. Weimob surged 13%; TME up 10%; Yixin up 6%; Youzan up 2%.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"4fb35573b709b401b8e5161250983b1f","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["02858","00772","01119","00780","02013","01698","08083","00700","06060"],"gpt_icon":0},{"id":"2521411748","title":"China Literature Limited Just Missed Earnings; Here's What Analysts Are Forecasting Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2521411748","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521411748?lang=en_us&edition=fundamental","pubTime":"2025-03-21 06:23","pubTimestamp":1742509382,"startTime":"0","endTime":"0","summary":"It's been a good week for China Literature Limited ( HKG:772 ) shareholders, because the company has just released its...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/4314000-choice1-main-header/1585186740098","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4314000-choice1-main-header/1585186740098"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/media/hkg-772/china-literature-shares/news/china-literature-limited-just-missed-earnings-heres-what-ana","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["00772"],"gpt_icon":0},{"id":"2520644631","title":"BRIEF-China Literature Posts FY Loss Attributable RMB209.2 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2520644631","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520644631?lang=en_us&edition=fundamental","pubTime":"2025-03-18 18:16","pubTimestamp":1742293001,"startTime":"0","endTime":"0","summary":"BRIEF-China Literature Posts FY Loss Attributable RMB209.2 MillionMarch 18 (Reuters) - China Literature Ltd 0772.HK:FY LOSS ATTRIBUTABLE RMB209.2 MILLIONFY REVENUES RMB8.12 BILLIONFurther company coverage: 0772.HK ((Reuters.Briefs@thomsonreuters.com;;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250318:nFWN3Q1012:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1516","00772","BK1589","BK1130"],"gpt_icon":0},{"id":"2520432616","title":"Press Release: China Literature Announces 2024 Annual Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2520432616","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520432616?lang=en_us&edition=fundamental","pubTime":"2025-03-18 16:31","pubTimestamp":1742286660,"startTime":"0","endTime":"0","summary":"HONG KONG, March 18, 2025 /PRNewswire/ -- China Literature Limited , a leading online literature and intellectual property  incubation platform in China, today announced the audited consolidated results for the year ended December 31, 2024.-- Total revenues increased by 15.8% year-over-year to RMB8,121.1 million. to consistent improvement made to core product operations and production. million , mainly due to solid growth across our IP. profit was RMB985.4 million , compared with RMB1,049.8. million in 2023.-        Profit attributable to equity holders of the. -- On an IFRS basis:-        Operating loss was RMB336.1 million (USD46.8. RMB209.2 million , compared with RMB804.9 million profit.   Figures stated in USD are based on USD1 to RMB7.1884.Mr. Hou Xiaonan, Chief Executive Officer of China Literature, commented, \"Guided by our core strategy of 'focusing on quality content and creating long-lasting IPs,' we successfully released a series of blockbuster titles in 2024 including the ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00772","BK1130","BK1589","BK1516"],"gpt_icon":0},{"id":"2518147206","title":"What Is China Literature Limited's (HKG:772) Share Price Doing?","url":"https://stock-news.laohu8.com/highlight/detail?id=2518147206","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518147206?lang=en_us&edition=fundamental","pubTime":"2025-03-09 08:31","pubTimestamp":1741480286,"startTime":"0","endTime":"0","summary":"While China Literature Limited ( HKG:772 ) might not have the largest market cap around , it saw a decent share price...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4314000-choice1-main-header/1585186740098","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4314000-choice1-main-header/1585186740098"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/media/hkg-772/china-literature-shares/news/what-is-china-literature-limiteds-hkg772-share-price-doing","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["00772","BK1589","BK1130","BK1516"],"gpt_icon":0},{"id":"2514829971","title":"Nomura Downgrades China Literature to Neutral From Buy, Adjusts Price Target to HK$27 From HK$29.80","url":"https://stock-news.laohu8.com/highlight/detail?id=2514829971","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514829971?lang=en_us&edition=fundamental","pubTime":"2025-02-27 16:03","pubTimestamp":1740643433,"startTime":"0","endTime":"0","summary":"Nomura Downgrades China Literature to Neutral From Buy, Adjusts Price Target to HK$27 From HK$29.80","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00772"],"gpt_icon":0},{"id":"2514259308","title":"China Literature's 2025 Earnings Outlook Seems Weak -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2514259308","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514259308?lang=en_us&edition=fundamental","pubTime":"2025-02-27 15:38","pubTimestamp":1740641880,"startTime":"0","endTime":"0","summary":"0738 GMT - China Literature's earnings outlook for 2025 may remain weak after it announced a profit warning for 2024, Nomura analysts say in a research report. The analysts note that the Chinese company intends to focus on developing top-tier films and drama series content through New Classics Media, its film and drama series production and distribution arm. However, the analysts add that NCM expects lower profit in the near future, driven by extended development cycles for new projects and an increase in production costs. Given NCM contributes a large part of the online literature platform's net profit, lower earnings expectations for NCM would likely weaken China Literature's earnings outlook as well, they say. Nomura cuts the stock's rating to neutral from buy and the target price to HK$27.00 from HK$29.80. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00772"],"gpt_icon":0},{"id":"2514200842","title":"China Literature Forecasts Net Loss in 2024; Shares Slide 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2514200842","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514200842?lang=en_us&edition=fundamental","pubTime":"2025-02-26 14:03","pubTimestamp":1740549797,"startTime":"0","endTime":"0","summary":"China Literature  forecasts it will swing to a net loss of between 150 million yuan and 250 million yuan in 2024 from a profit of 804 million yuan in 2023, according to a Tuesday filing with the Hong Kong Exchange.The foreseen loss is attributable to a non-cash goodwill impairment of between 1.05 billion yuan and 1.15 billion yuan from the purchase of New Classic Media, the filing said.The online literature platform company plans to release 2024 results on March 18.Shares fell 7% during Wednesday's afternoon trading.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1589","00772","BK1130","BK1516"],"gpt_icon":0},{"id":"1198393023","title":"Stock Track | China Literature Stock Plummets 5.01% as Company Expects Massive Loss and Impairment","url":"https://stock-news.laohu8.com/highlight/detail?id=1198393023","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1198393023?lang=en_us&edition=fundamental","pubTime":"2025-02-26 09:30","pubTimestamp":1740533451,"startTime":"0","endTime":"0","summary":"China Literature Ltd, a leading online literature platform, saw its stock price plummet by 5.01% intraday on Wednesday, as the company warned of a significant net loss and goodwill impairment for the 2024 financial year.According to the company's statement, China Literature expects to report an IFRS net loss ranging from RMB 150 million to RMB 250 million for 2024. Additionally, the company anticipates a substantial non-cash impairment of goodwill between RMB 1,050 million and RMB 1,150 million.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | China Literature Stock Plummets 5.01% as Company Expects Massive Loss and Impairment","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00772"],"gpt_icon":0},{"id":"2514652094","title":"BRIEF-China Literature Sees IFRS Net Loss Of RMB150 Mln To RMB250 Mln For Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2514652094","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514652094?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:48","pubTimestamp":1740491331,"startTime":"0","endTime":"0","summary":"BRIEF-China Literature Sees IFRS Net Loss Of RMB150 Mln To RMB250 Mln For YearFeb 25  - China Literature Ltd 0772.HK:SEES IFRS NET LOSS OF RMB150 MILLION TO RMB250 MILLION FOR 2024 FINANCIAL YEARSEES IMPAIRMENT OF GOODWILL OF RMB1,050 MILLION TO RMB1,150 MILLION. 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