xi's moments
Home | Companies

Lenovo withdraws IPO application

By Ma Si | chinadaily.com.cn | Updated: 2021-10-11 10:19

The Lenovo logo is seen in this illustration photo Jan 22, 2018. [Photo/Agencies]

Lenovo Group Ltd said it decided to withdraw its application for an initial public offering on the Shanghai Stock Exchange's Science and Technology Innovation Board, due to a reconsideration of its business scale and complexity.

Lenovo said the withdrawal of the application would not affect its financial situation.

The Hong Kong-listed company said in a filing to the Hong Kong Stock Exchange on Sunday night the move to withdraw the application also came after its consideration of other capital market related situations.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349