China Literature is trading 4.15% up today at HK$21.60 after releasing H1 2026 results, with IP operations growth offsetting weaker online reading.
- Revenue increased 10.7% to RMB3.53 billion; IP operations grew 40.3%, while online reading declined 7.3%.
- Statutory profit fell 84.1% to RMB135.4 million, largely due to RMB300 million in tax-related charges and a difficult prior-year comparison.
- The gain appears earnings-driven, with investors emphasizing operating and IP momentum.