Nope.
Yes, it is.
There is no shortage of exchanges, including chinese, that offer LTC for trading, another one won't make a difference. Whoever wanted to buy LTC has already bought it. They (btcchina, huobi) could have brought it to higher exchange rate back in October/November when it was ripe for picking, but now it's simply too late. There are other alt cryptos where capital is pouring into right now. LTC had an advantage of slightly larger infrastrustructure sites over other alt coins back in 2013, but even that advantage is now lost. Dead-cat bounce, imho.
