HK Stock Market Move | CHINA LIT(00772) rises nearly 5% in the afternoon, the company officially announces its entry into the new track of comic drama and will open up 100,000 high-quality IP.
China Literature Group (00772) rose nearly 5% in the afternoon, up 4.49% as of press time, with a price of 37.22 Hong Kong dollars and a turnover of 78.4892 million Hong Kong dollars.
CHINA LIT (00772) rose nearly 5% in the afternoon, rising 4.49% as of the time of writing, to HK$37.22, with a turnover of HK$78.48 million.
On the news front, on October 16th, 2025, the 25th Wenxue Creative Conference was held in Wuhan Optics Valley. At the conference, CHINA LIT CEO and President Hou Xiaonan announced an upgrade to the "Creative Partner Plan" and entered the new track of manga dramas in addition to deepening short dramas. Hou Xiaonan stated that short dramas and manga dramas are becoming important engines for visualizing IP.
It is reported that CHINA LIT has launched four major measures to layout the manga drama ecology, including opening up 100,000 high-quality IP resources; setting up a special billion-dollar creative fund to support writers in cross-border development; launching "Manga Drama Assistant" and other AIGC tools for technological empowerment to further improve the efficiency of manga drama adaptations; and building a full-chain support from production, distribution to IP industry chain linkage to create an open, efficient, and win-win manga drama co-creation ecology.
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