A member of the state-owned Xinhua Bookstores group, this will be the first book store operator to list in Hong Kong and will offer exposure to ChinaÆs highly regulated book publishing and distribution industry at a time when it is undergoing extensive market-opening reforms.
Xinhua Winshare, which derived 81% of its revenues last year from the distribution of textbooks and educational supplements, is one of the early movers in response to these reforms both with regard to vertical integration and geographical...
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