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Selling China Literature Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Hong Kong stocks fluctuate | CHINA LIT (00772) continues to drop over 4%, with New Classics' goodwill impairment dragging down annual performance. Citigroup indicates that its future prospects remain unclear.
CHINA LIT (00772) continues to fall more than 4%, as of the time of writing, down 4.35%, priced at 25.3 Hong Kong dollars, with a transaction volume of 0.181 billion Hong Kong dollars.
Nomura Downgrades China Literature to Neutral From Buy, Adjusts Price Target to HK$27 From HK$29.80
China Literature's 2025 Earnings Outlook Seems Weak -- Market Talk
China Literature Cut to Neutral From Buy by Nomura >0772.HK
China Literature Target Price Lowered to HK$27.00 From HK$29.80 by Nomura >0772.HK