Legend Holdings debuts on the Hong Kong Stock Exchange

Global Business

HK1

Legend Holdings is the biggest shareholder in the PC maker Lenovo Group and it made its debut Monday on the Hong Kong Stock Exchange. The listing puts the spotlight squarely on Legend founder Liu Chuanzhi, the mainland entrepreneur now seen as the torch bearer for the Chinese entrepreneurial spirit. CCTV’s Cathy Yang filed this report.

Legend Holdings debuts on the Hong Kong Stock Exchange

Legend Holdings debuts on the Hong Kong Stock Exchange

Legend Holdings is the biggest shareholder in the PC maker Lenovo Group and it made its debut Monday on the Hong Kong Stock Exchange. The listing puts the spotlight squarely on Legend founder Liu Chuanzhi, the mainland entrepreneur now seen as the torch bearer for the Chinese entrepreneurial spirit.

More details:

  • Legend Holdings is the biggest shareholder with stakes in Lenovo, one of the world’s largest PC makers.
  • Legend Holdings owns less than 1/3 of Lenovo, yet Lenovo provides 2/3 of Legend Holdings profits.