Stay updated with breaking news from Shanghai Science Technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The COVID-19 pandemic had completely changed the way people work and learn. Operating from home actually turned around declining PC sales. Smartphones have ...
Lenovo to sell CDRs in Shanghai, boosting Star Market’s pitch for China’s national champions to raise funds at home Georgina Lee georgina.lee@scmp.com Lenovo, the world's largest personal computer maker, is seeking shareholders' approval to sell Chinese depositary receipts (CDRs) in Shanghai, in a move that further opens the city's stock exchange for offshore companies to raise capital. The owner of the IBM Thinkpad laptop brand is seeking to issue 1.3 billion new shares, or 10 per cent of its enlarged capital, through CDRs, Lenovo said in a Tuesday announcement to the Hon...