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2023-12-21 06:30:00 ET Summary China Literature's acquisition of Tencent's comics and animation unit brings all of the latter's long-form print and filmed entertainment assets under one roof. Tencent has been unloading loss-making businesses amid an ongoing crackdown on anti-compe...
2023-08-10 06:27:06 ET China Literature Limited press release ( OTCPK:CHLLF ): 1H Non-GAAP EPS of RMB 0.59. Revenue of $454.3M (-19.68% Y/Y). For further details see: China Literature Limited Non-GAAP EPS of RMB 0.59, revenue of $454.3M
The KWEB ETF has been battered significantly as investors left Chinese Internet stocks in a hurry since 2021. However, we could be in the late stage of the current malaise. Our price action analysis suggests that the worst in Chinese Internet stocks seems to have been priced in. KWEB'...
Elevator Pitch I maintain my Neutral rating on Hong Kong-listed Chinese online literature platform operator China Literature Limited ( OTCPK:CHLLF ) ( OTC:CHLLY ) [772 HK]. This is an update of my prior article on China Literature published on June 22, 2020. China Literature's share p...
Elevator Pitch I maintain a Neutral rating on Hong Kong-listed Chinese online literature platform operator China Literature Limited ( OTCPK:CHLLF ) ( OTC:CHLLY ) [772 HK]. This is an update of my initiation article on China Literature published on April 6, 2020. China Literature's share ...
Elevator Pitch I assign a "Neutral" rating to Hong Kong-listed China Literature Limited (CHLLF) (CHLLY) [772 HK]. China Literature's online paid reading business has received a short-term boost from the coronavirus outbreak, but it faces disruption threats from free reading applications in t...
By ALT Perspective With President Trump in Europe after firing his tariff shots at Mexico, media attention shifted away from the US-China 'trade war'. The Chinese finally had a moment to catch a breather. On the other hand, bargain hunters got busy and sent the share prices of many China...
By ALT Perspective In this week's issue of Chinese Internet Weekly, I look into the intense profit-taking happening at handset maker Xiaomi ( XI )( XIACF )( XIACY ) and the performance of other recent IPOs, as well as the IPO landscape in 2019. I also discuss the implications of the Decemb...