Jinwu Financial News | CHINA LIT (00772) fluctuated downwards after the opening. As of the time of writing, the stock is at 25.80 HKD, down 4.62%, with a transaction volume of 66.407 million HKD.
On December 25, the Network Audio-Visual Administration and the Peking Radio and Television Bureau jointly met with the main responsible persons of "Hongguo Short Drama" to put forward requirements for the standardized development of micro short dramas. The meeting pointed out that relevant platforms need to strengthen their ideological awareness. Strictly implement relevant management requirements, conduct in-depth self-examination and rectification, and decisively clean up and dispose of any problematic micro short dramas.
Guolian Research Reports pointed out that the Media Industry and Internet Plus-Related Sector are under the supervision of relevant national departments, facing various influences such as minor protection, content management, and platform economic anti-monopoly. Once industry regulatory policies are adjusted, it may affect the Business of media Internet-related companies.
