China Literature (HK:0772) has released an update.
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China Literature Limited has announced the termination of its IP License Agreement with Cang Qiong Entertainment, a Tencent associate, to better develop and commercialize its intellectual property. The termination is seen as beneficial for the company and its shareholders, with no financial liabilities arising between the parties. Investors are advised to be cautious in their dealings with the company’s securities.
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