HK Stock Market Move | CHINA LIT (00772) rises by more than 5% again, the comic industry enters a period of high prosperity, and the company has implemented four major measures to develop the comic ecosystem.
China Literature Group (00772) rises by over 5% again, reaching a gain of 5.42% at the time of the report, with a price of HK$41.26, and a turnover of HK$307 million.
CHINA LIT (00772) rose more than 5%, as of press time, up 5.42% to HK$41.26, with a turnover of HK$307 million.
On the news front, according to Jule Engine data, the monthly compound growth rate of supply of comic drama programs in the first half of 2025 reached 83%, with over 3000 works produced in the first half of the year and revenue scale increasing 12 times. It is expected that the market size for the whole year is expected to surpass 20 billion. CCB International Securities believes that AI comic drama is ushering in a new era for content industry, with technological empowerment and globalization driving industry upgrade. Under three drivers of technological breakthroughs, demand explosion, and accelerated international expansion, the AI comic drama track is entering a golden development period. It is recommended to focus on platform enterprises with IP reserves and technological capabilities, including CHINA LIT.
On October 16, CHINA LIT CEO and President Hou Xiaonan announced the upgrade of the "Creative Partner Program" at the 2025 Yuewen Creative Works Conference, expanding into the new track of comic drama beyond short drama. Yuewen has launched four major initiatives to layout the comic drama ecosystem, including opening 100,000 high-quality IPs, setting up a billion-dollar creation fund, launching the AIGC tool "Comic Drama Assistant" to improve adaptation efficiency, and building a comprehensive industry support system. Currently, Yuewen has more than 30 comic drama works with over ten million views, with works such as "Great Ming's Virtuous Son-in-law" and "Bursting Unbeatable Simulation System" exceeding one billion views and multiple times topping platform charts.
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