CHINA LIT (00772) saw its shares rise nearly 7% during the trading session. At the time of writing, the stock was up 5.58%, trading at HKD 26.88 with a turnover of HKD 108 million. The surge is attributed to strong performance in the short drama market during the Labor Day holiday. CHINA LIT's new premium short drama, "Honored by the Son and Doted on by the Royal Family," experienced a significant spike in popularity. After its release, the drama surpassed 100 million views within 24 hours on leading short video platforms, with its popularity index on short drama platforms soaring past 80 million. China Merchants Securities noted that CHINA LIT's new businesses, including short dramas, are developing rapidly, with a substantial increase in the efficiency of producing hit content. The firm maintains an "Overweight" rating on CHINA LIT, citing continued potential for the appreciation of its IP commercial value. Changjiang Securities added that CHINA LIT is continuously expanding its content library, further enhancing its IP adaptation and commercial monetization capabilities. The integration of AI is accelerating content production and overseas distribution, driving ongoing efficiency improvements and international growth.