HK Stock Market Move | CHINA LIT (00772) rose nearly 3% and was selected as one of the top 30 flagship brands for globalization in the Forbes China Going Global IP ecosystem.

CHINA LIT (00772) rose nearly 3%, as of the press release, it rose 2.52%, to 26.4 Hong Kong dollars, with a turnover of 15.0376 million Hong Kong dollars. On the news front, on November 20th, the results of the "2024 Forbes ChinaGoing Global Globalization Series Selection" were announced, and companies such as CHINA LIT were selected as one of the Top 30 flagship brands for globalizing overseas. As a representative of the digital entertainment industry going global, Yuewen has successively been selected for "Forbes Digital Trade Enterprise TOP100" and "Fortune's Most Admired Chinese Companies" and other lists. In the reason for winning the award, Forbes stated that Yuewen launched multiple popular series and movies both domestically and internationally in 2024, with high viewership rankings in multiple countries, and is dedicated to building a global IP industry chain, promoting the overseas expansion of the IP ecosystem including online literature, publishing, audiobooks, animations, movies, games, derivatives, etc. Overseas, it has cultivated an ecosystem of online literature creators that covers more than 100 countries and regions, with a cumulative overseas user base exceeding 260 million.