HK Stock Market Move | CHINA LIT (00772) rose by more than 5%. The company has shown impressive performance in the drama field. Institutions point out that its full-year performance growth certainty is relatively high.

CHINA LIT(00772) rose more than 5%, as of the time of writing, it rose 5.36% to HK$44.02, with a turnover of HK$3.11 billion. On the news front, on October 16, CHINA LIT CEO and President Hou Xiaonan announced the upgrade of the "Creative Partner Program" at the 2025 Yuewen Creative Conference, entering the new track of comic dramas in addition to focusing on short dramas. As of October 2025, Yuewen has had 30 comic drama works with over 10 million views, and works such as "Grand Ming Virtuoso" and "Breakthrough Invincible Simulation System" have had over a billion views. EB SECURITIES stated that CHINA LIT's online reading business remains stable, continues to incubate new IP; benefiting from the strong performance of new businesses such as short dramas, IP derivatives, and the future expansion of AI comic drama business, Yuewen's self-owned profits are expected to continue improving; as for Xinli, the reserve dramas are expected to be launched one after another, with high certainty of full-year performance growth. According to Giant Engine data, the compound monthly growth rate of comic drama supply in the first half of 2025 reached 83%, with over 3000 works produced in six months, and the revenue scale increased 12 times. It is estimated that the market size for the whole year is expected to exceed 20 billion. Shenwan Hongyuan Group stated that the comic drama market is currently in the 1.0 stage of volume growth, and after the technology dividend, it may return to content competition, with the long-term larger market in IP derivatives and overseas expansion. Open Source Securities pointed out that the upgrade of top platforms, IP parties' layout of comic dramas and AI video tools will further accelerate the development of the high-growth AI comic drama industry, and it is recommended to continue to layout AI comic dramas.