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New Classics Media

China Literature issues profit warning on $260 million impairment, outlook remains cloudy

China Literature stuck in a print world being overwritten by video

The online literature company lost up to 850 million yuan last year, largely due to a massive charge related to its New Classics Media video acquisition Key Takeaways: China Literature…
February 16, 2026
0772.HK
Hello Group does social

BRIEF: China Literature sees red on acquisition-related goodwill impairment

Online literature platform China Literature Ltd. (0772.HK) announced on Tuesday it expects to report a net loss of 150 million yuan ($20.7 million) to 250 million yuan for last year,…
February 26, 2025
0772.HK

Recent Articles

China Literature issues profit warning on $260 million impairment, outlook remains cloudy
February 16, 2026

China Literature stuck in a print world being overwritten by video

0772.HK
February 26, 2025

BRIEF: China Literature sees red on acquisition-related goodwill impairment

0772.HK

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