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The latest update is out from China Literature ( (HK:0772) ).
China Literature Limited has announced the renewal of its existing cooperation agreements with Tencent Computer, extending their collaboration until 2026. These agreements cover promotion, payment services, and cloud and technical services, which are crucial for the company’s operations and market positioning. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, subject to certain reporting and review requirements but exempt from independent shareholder approval.
The most recent analyst rating on (HK:0772) stock is a Buy with a HK$32.00 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 operates in the digital literature industry, focusing on online reading platforms and related services. The company collaborates with Tencent to enhance its market presence through various cooperation agreements.
Average Trading Volume: 6,406,564
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.59B
See more data about 0772 stock on TipRanks’ Stock Analysis page.