Keeping an eye on Communist, Totalitarian China, and its influence both globally, and we as Canadians. I have come to the opinion that we are rarely privy to truth regarding the real goal, the agenda of Red China, and it's implications for Canada [and North America as a whole]. No more can we rely on our media as more and more information on China is actively being swept under the carpet - not for consumption.
Sunday, October 10, 2021
Heads Up Lenovo Advocats --China PC Maker Lenovo Withdraws Application For $1.6 Billion Shanghai Listing
China PC Maker Lenovo Withdraws Application For $1.6 Billion Shanghai Listing
FILE PHOTO: The Lenovo logo is seen in this illustration photo January 22, 2018.
October 8, 2021
(Reuters) -China’s Lenovo Group Co, the world’s biggest maker of personal computers (PCs), has withdrawn its application for a 10 billion yuan ($1.55 billion) share listing in Shanghai, a Shanghai Stock Exchange filing showed on Friday.
The company only had its application for a share sale accepted by Shanghai’s STAR Market at the end of last month.
The Shanghai Stock Exchange said Lenovo and its sponsor, investment bank China International Capital Corp <3908.HK>, had asked to withdraw the application documents on Friday but did not give a reason for the move.