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China Literature Limited - CHLLY STOCK NEWS

Welcome to our dedicated news page for China Literature (Ticker: CHLLY), a resource for investors and traders seeking the latest updates and insights on China Literature.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect China Literature's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of China Literature's position in the market.

Rhea-AI Summary
China Literature (CHLLY) announces audited results for 2023 with total revenues of RMB7,011.8 million, online business revenues of RMB3,948.1 million, and IP operations revenues of RMB3,063.6 million. Operating profit increased by 12.8% to RMB709.3 million, while profit attributable to equity holders rose by 32.3% to RMB804.9 million. The company saw growth in MAUs and MPUs, with a focus on enhancing content quality and leveraging AI tools for innovation and content adaptation.
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China Literature Limited, a prominent online literature and IP platform in China, will reveal its 2023 full-year financial results on March 18, 2024. The management will conduct a conference call to discuss the company's financial performance and operations.
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China Literature Limited (stock code: 0772) has entered into an Asset Transfer Agreement with Tencent Holdings Limited (stock code: 0700) to acquire the related assets of Tencent Animation and Comics for an aggregate cash consideration of RMB600 million. Tencent Animation and Comics is a leading animation and comic platform in China, with popular titles like The Outcast and The Fox Spirit Matchmaker. The acquisition is expected to enrich China Literature's reservoir of blockbuster IPs, bolster the pipeline of comic adaptations, and expand production capacity for animation, driving future growth and creating more value through robust synergies.
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China Literature Limited, a leading online literature and intellectual property incubation platform in China, will announce its financial results for the first half of 2023 on August 10, 2023. The company's management team will host a conference call to present an overview of the financial performance and business operations. The conference call will be held on August 10, 2023, at 8:00 pm (Hong Kong Time) / 8:00 am (U.S. Eastern Time). A live webcast of the call can be accessed on the company's investor relations website. The conference call will be conducted in English.
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Pudong New District