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Lenovo Chairman Says Shanghai Decommissioning Will Not Affect Business

November 5, 2021
Source: bollyinside.com bollyinside.com
News Snapshot:
The second listing would have been “nice to have” for the company, which is listed in Hong Kong, Yang told Reuters in an interview after the world’s biggest maker of personal computers issued its second-quarter results. SHANGHAI, Nov 4 (Reuters) – Factors such as market conditions and the listing process were behind Lenovo’s (0992.HK) withdrawal of its 10 billion yuan ($1.56 billion) share listing in Shanghai last month, Chairman Yang Yuanqing said on Thursday. “We will continue to evaluate all opportunities to support our business transformation as part of our wider long-term global finance strategy.” “Without that, it will not...
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Tags: Business | chairman | Chinese | currency | executive | finance | Google | Hong Kong | IT | KONG | Lenovo | listing | news | Renminbi | Reuters | search engine | Shanghai | share | shares | standards | strategy | Yang Yuanqing | Yuan

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