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[Hong Kong Stock Connect] CHINA LIT (00772) dropped 4.62%. The National Radio and Television Administration has put forward requirements for the standardized development of micro short dramas.
Jinwu Financial News | CHINA LIT (00772) opened lower and fluctuated, reporting at 25.80 HKD, down 4.62%, with a transaction value of 66.407 million HKD as of the report. On December 25, the National Radio and Television Administration's Network Audiovisual Department and the Peking Radio and Television Bureau held a joint meeting with the main responsible persons of "Hongguo Short Drama" to discuss requirements for the standardized development of micro short dramas. The meeting emphasized that relevant platforms must strengthen their awareness of the issue. They must strictly implement management requirements, conduct thorough self-examinations and concentrated rectifications, and resolutely clean up and address micro short dramas with existing problems. Guolian's Research Reports pointed out that the media industry and Internet Plus-Related Sector are affected by national policies.
Zhitong Hong Kong Stock Shareholder Equity Disclosure | December 19.
Hong Kong Stock Shareholder Equity Disclosure | December 19.
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?
【Hong Kong Stock Connect】CHINA LIT (00772) rose 4.46%, and the drama adaptation of "Nine-Tiered Purple" surpassed a popularity score of 0.03 million on Tencent Video.
Jinwu Finance | CHINA LIT (00772) stock price fluctuated and rose, breaking above the 5-day moving average. As of this writing, it is up 4.46%, trading at HKD 29.25, with a turnover of HKD 78.7067 million. On December 14th, the web novel "Jiu Chong Zi" by CHINA LIT platinum author Zhi Zhi was adapted into a TV drama of the same name, which surpassed a heat value of 30,000 on Tencent Video, becoming a certified hit across multiple platforms. Driven by the popularity of the drama, the original novel's daily reading users on the Qidian Reading App increased by 595% sequentially, topping the best-seller list for female readers, reader rankings, trending lists, and more.
Investors Appear Satisfied With China Literature Limited's (HKG:772) Prospects
Express News | China Literature - to Purchase on-Market Shares Not Exceeding 10% of Aggregate Number of Issued Shares as at Date of AGM
