Shares in Chinese internet giant Tencent's e-book arm, China Literature, almost doubled in value in its debut on the Hong Kong stock exchange Wednesday. China Literature, the country's biggest online publishing business and Tencent's answer to Amazon's Kindle Store. The company carries 6.4 million writers and 9.6 million literary works. (China's answer to Kindle soars on Hong Kong market debut, by AFP)
Comment
Chinese e-book has developed rapidly. Whether it is in print or electronic, one important way to liquidate copyrights is book sales. In digital reading age, the development of online publishing business promotes copyright cashability.
(Editor Li Xingyi)
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