CHINA LIT Defies Market Downturn with Near 8% Surge as Seedance2.0 Gains Global Traction

Stock News
Feb 13

CHINA LIT (00772) rose nearly 8% against the broader market trend. At the time of writing, the stock was up 6.11%, trading at HK$40.68, with a turnover of HK$221 million. The surge follows recent overseas popularity of ByteDance's Seedance2.0. Elon Musk commented on and shared related content about Seedance 2.0 on his social platform X, stating, "It's happening fast."

BOCI International highlighted that, according to a January 2026 report from Xinhua News Agency, over ten works from CHINA LIT have surpassed 100 million views, with more than 80 animated series adaptations exceeding 10 million views. Adaptations of stories from Zhihu's YanYan have collectively garnered over 1 billion views. The institution believes that with the release of Seedance2.0, production costs for animated series will decrease further while production quality improves, potentially accelerating industry growth.

Caitong Securities noted that as Seedance2.0 demonstrates impressive capabilities, the animated series industry, after achieving technological democratization through AI, will return to its essence as a content-driven sector. High-quality content is expected to become the core factor determining a series' success. Internationally, collaborations such as OpenAI's Sora with Disney have provided initial exploratory directions. Domestically, companies like CHINA LIT, Zhangyue Technology, and Chinese All are developing similar models, building AI-powered animated series platforms around their IP resources. The institution suggests that as video model capabilities continue to advance, IP will serve as a crucial moat for AI-driven animated series platforms and a significant factor influencing overall production quality.

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