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China Literature ( (HK:0772) ) has shared an announcement.
China Literature Limited has announced the renewal of its existing cooperation agreement with Tencent Computer, extending their collaboration on novel creation and competition organization through the 2026 Novel Creation and Solicitation Cooperation Framework Agreement. Additionally, the company has entered into new agreements with YHKT for IP and merchandise cooperation and joint investment in media products. These transactions are considered continuing connected transactions under the Hong Kong Stock Exchange Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:0772) stock is a Hold with a HK$36.00 price target. To see the full list of analyst forecasts on China Literature stock, see the HK:0772 Stock Forecast page.
More about China Literature
China Literature Limited is a company incorporated in the Cayman Islands, primarily operating in the digital literature industry. It focuses on novel creation and solicitation, and it has a significant market presence in collaboration with Tencent, a major shareholder.
Average Trading Volume: 4,542,812
Technical Sentiment Signal: Buy
Current Market Cap: HK$37.81B
For detailed information about 0772 stock, go to TipRanks’ Stock Analysis page.