Lenovo withdraws Shanghai mega IPO, in a setback for the fundraising centre stage of China’s technology champions

//Lenovo withdraws Shanghai mega IPO, in a setback for the fundraising centre stage of China’s technology champions

Lenovo withdraws Shanghai mega IPO, in a setback for the fundraising centre stage of China’s technology champions

Lenovo Group has pulled its blockbuster stock-sale application from Shanghai’s Star Market, making the withdrawal merely eight days after it was accepted by an exchange that casts itself as the centre stage for China’s technology champions.The Shanghai Stock Exchange (SSE), which manages the Star Market, said it has ceased the review process for Lenovo’s application to sell shares, according to an announcement late on Friday. The Beijing-based company, the world’s largest maker of personal…

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By | 2021-10-09T06:15:12+00:00 October 9th, 2021|Technology|Comments Off on Lenovo withdraws Shanghai mega IPO, in a setback for the fundraising centre stage of China’s technology champions