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CHINA LIT Rises 7.5% More; CEO Views New Biz Models as Growth Engines
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Following yesterday's spike of 9.7%, CHINA LIT (00772.HK) opened 6.14% higher this morning and once peaked at HKD41.4. It last traded at HKD40.6, up 7.52%, with a trading volume of 11.7685 million shares, involving HKD473 million. Hou Xiaonan, CHINA LIT's CEO and President, has issued an internal letter for the Spring Festival, clearly identifying 'Evergreen Content, IP+AI, and Globalization" as the core strategic directions for this year. In his letter, Hou highlighted that emerging business models, including short dramas, short comic-dramas, and derivatives, have achieved scalable growth and formed the second growth curve of CHINA LIT's IP ecosystem, propelling the company into a new phase of quality and efficiency improvement. AAStocks Financial News |
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