Huachuang set HKD 28.19 target for China Literature stock

Published on 10/13/2026 at 04:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.70 percent in the first half of 2026. China Literature stock was last at EUR 2.45 on October 12, 2026, while market value stood at HKD 21.8 billion.

Key points in brief

Huachuang Securities initiated coverage with a Strong Buy rating and a HKD 28.19 target on September 30, 2026.
China Literature revenue rose 10.70 percent to RMB 3.53 billion in the first half of 2026.
The last Lang & Schwarz quote was EUR 2.45 on October 12, 2026, while market capitalization stood at HKD 21.8 billion.

China Literature, KYG2121R1039, Illustration mit AI erstellt.

Huachuang Securities set a HKD 28.19 target and Strong Buy rating for China Literature (ISIN KYG2121R1039) on September 30, 2026, according to Futu. The call put the companys IP expansion and artificial intelligence strategy at the center of its growth case.

Three milestones shaped the story

On September 16, 2026, China Literature reported first-half revenue of RMB 3.53 billion, up 10.70 percent year over year, in the interim report carried by Futu. On September 30, Huachuang Securities forecast 2026 revenue of RMB 7.63 billion and adjusted net profit of RMB 850 million, while on October 9, New Classics Media, a China Literature subsidiary, generated RMB 423 million in holiday box office revenue, according to Futu.

What powers the next growth leg?

The answer is the shift from online reading toward monetized intellectual property. In the first half of 2026, IP-related revenue reached RMB 1.69 billion, up 40.30 percent year over year, while short-form dramas and artificial intelligence generated webtoons contributed RMB 430 million, up 230.00 percent, according to Futu. That mix gives the target a measurable operating anchor, but the interim report also showed attributable profit of RMB 135 million, down 84.10 percent year over year after tax and late-payment charges linked to prior years.

Next reporting date comes into view

TradingView lists March 23, 2027 as China Literature's next earnings date. The date gives investors a defined checkpoint for testing whether the IP businesses can offset pressure in online reading.

Last euro quote stays dated

The last Lang & Schwarz quote stood at EUR 2.45 on October 12, 2026 at 10:57 p.m. CEST. The primary listing is on HKEX, where the stock was quoted in HKD; the 52-week range was HKD 18.00 to HKD 45.50 as of October 13, 2026, and market capitalization was HKD 21.8 billion. The further course of trading is shown by the continuously updated real-time quote of China Literature stock.