Trade China Literature Limited - 0772 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.2
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.018747 %(-HK$3.70)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01875%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.003171 %(-HK$0.60)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00317%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.018747 %
  (-HK$3.70)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.003171 %
  (-HK$0.60)

Key Stats

• Prev. Close: 21.6
• Open: 21.4
• 1-Year Change: -48.31%
• Day's Range: 21.1 - 21.6

Trade China Literature Limited - 0772

About China Literature Ltd

CHINA LITERATURE LIMITED is a company principally engaged in the operation of online literature platform. The Company’s platform provides online readers with easy access to Company’s vast and diverse content library and enables a greater number of writers to create and publish original literary content online. Additionally, the Company able to extend the monetization lifecycle of Company’s content for our writers through Company’s intellectual property operation by managing and licensing Company’s content for adaptation into other entertainment formats.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, China Literature Ltd revenues increased 2% to RMB8.67B. Net income totaled RMB1.85B vs. loss of RMB4.48B. Revenues reflect Online reading -on third party platform increase of 88% to RMB651.1M, Online reading -on Tencent products increase of 19% to RMB808.9M. Net Income reflects Impairment loss of goodwill decrease from RMB4.02B (expense) to RMB0K.