China Stock of the Day | Kabutaro & Friends

Ciwen Media <002343>, a producer of TV dramas and films, was the Chinese stock most talked about online on October 15, 2026.
Background: A-shares fell sharply on October 15, with the Shanghai Composite down 1.59% and the ChiNext Index down 2.92%, and more than 5,100 stocks declined, but the stock hit its daily limit at 8.91 yuan for a fifth consecutive daily limit-up. It was bought as an "AI comic drama" play, with its agreement with Tongxiang in Zhejiang Province to build an overseas-oriented AI comic drama production base seen as a catalyst. However, the company warned in an announcement on the evening of October 14 that the sharp rise reflected overheated sentiment and irrational speculation. It explained that revenue from its short-drama business is small at about 500,000 yuan and that its generative AI production platform has not yet generated revenue. In the first half of 2026, revenue fell 90.02% year over year to 18.9226 million yuan, and it posted a net loss.