New stock news | COL Group Co., Ltd. (300364.SZ) submits application to Hong Kong Stock Exchange

According to the disclosure on the Hong Kong Stock Exchange on February 27th, COL Group Co., Ltd. (300364.SZ) has submitted its application for listing on the main board of the Hong Kong Stock Exchange, with Citigroup as its joint sponsor. According to Frost & Sullivan data, based on revenue projections for 2024, the company ranks third in China's copyright-driven content platforms in the online literature market, with a market share of 1.6%; and ranks eighth in the overseas short drama platforms based on revenue projections for September 2025, and second based on monthly active users in the first seven months after launch. According to the prospectus, the company is a leading AI-driven digital entertainment platform, primarily (i) providing online literature content domestically; and (ii) providing short dramas overseas, aiming to build the next generation of digital content ecosystems across the industry.