---
title: "China Literature shares drop 0.05% to 52-week low amid market weakness"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290634849.md"
description: "Shares slid during HK trading to touch fresh 52-week low of 19.600 HKD. Company repurchased 600,000 shares for 11.76M HKD on June 23."
datetime: "2026-06-24T02:41:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290634849.md)
  - [en](https://longbridge.com/en/news/290634849.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290634849.md)
---

# China Literature shares drop 0.05% to 52-week low amid market weakness

China Literature (772.HK) edged down 0.05% during regular trading to 19.600 HKD, hitting a fresh 52-week low as the Hong Kong stock exchange continues its decline.

Volume reached **1.06 million shares**, with turnover of approximately **21 million HKD**.

On the catalyst front, China Literature spent **11.76 million HKD** to buy back **600,000 shares** on June 23 at an average price near current levels. The company is scheduled to convene its board meeting on August 11 to deliberate interim results and consider dividend distributions.

The broader Hong Kong market remains under pressure, with the Hang Seng Index falling for five consecutive sessions and cumulatively dropping over 1,500 points against technology stocks facing headwinds.

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- [00772.HK](https://longbridge.com/en/quote/00772.HK.md)

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