Mango Excellent Media shares jumped as much as 64% this week, their biggest weekly gain since January 2015, making the Chinese broadcaster the top performer on the MSCI Asia Pacific Index. The rally followed the Aug. 31 premiere of The Later Journey to the West, also rendered in earlier coverage as Journey to the West: The Later Tale, which Mango TV billed as China’s first fully AI-generated long-form television drama. The production used a new review-while-broadcasting framework that allows episodes to be submitted for approval in phases, giving producers scope to adjust later installments as a series airs. Shares of Kunlun Tech and China Literature also rose as investors bet AI-generated content could become a new growth engine. China National Radio reported that about 128,000 micro-dramas reached the market in the first quarter, with 95% AI-generated. Analysts said the regulatory shift could support platforms including Mango and iQIYI, while attention is also turning to video-generation models such as ByteDance’s Seedance, MiniMax Group’s H3 and Kuaishou Technology’s Kling. Mango’s first-half 2026 revenue rose 3.86% to 6.194 billion yuan, but net profit fell 73.58% to 202 million yuan.