HK Stock Movement | CHINA LIT (00772) Rises Over 4% as Company Continues to Unlock IP Commercial Value, Announces Full-Scale Expansion into Comic-Drama Ecosystem

Stock News11-25

CHINA LIT (00772) surged over 4%, reaching HK$38.06 by the time of writing, with a trading volume of HK$249 million.

At the recent Yangtze River Delta International Cultural Industry Expo, CHINA LIT showcased its leading IPs, including "Joy of Life," "The King's Avatar," and "Lord of the Mysteries," highlighting its "full industrial chain IP development" strategy. The exhibition demonstrated the company's comprehensive ecosystem from content creation to commercialization.

A notable feature was the "CHINA LIT Decade: Top 10 Popular Characters" list, voted by 30 million users, featuring classics like "Xian Ni" and "Zhu Xian," as well as emerging hits like "Lord of the Mysteries" and "Dao Gui Yi Xian." Leveraging its extensive high-quality content library, CHINA LIT has established a full industrial chain development system spanning film, animation, gaming, audiobooks, and derivatives, continuously unlocking the commercial potential of its IPs.

Meanwhile, the AI-powered comic-drama sector has gained significant traction this year. According to CITIC Securities, data from Ocean Engine shows that from April to July 2025, the supply, views, and likes of comic-dramas grew at monthly compound rates of 83%, 92%, and 105%, respectively. Nearly 3,000 new works were released in the past six months, marking a 603% increase. The market size for comic-dramas is projected to exceed RMB 20 billion this year.

Following CHINA LIT's announcement of its full-scale expansion into the comic-drama ecosystem in late October, major platforms like iQiyi, Douyin, Kuaishou, and Bilibili have rolled out new support initiatives, drawing further market attention to the sector's high growth prospects and investment opportunities.

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