Lenovo to Issue CDRs, Planning to List on STAR-Market, Shares Soar 15%
(Source: zhihu) On Jan. 12, Chinese PC maker Lenovo Group Ltd. said that it is planning to issue Chinese Depositary Receipts (CDRs) – representing up to 10% of its total number of shares – to be listed on the tech-heavy Nasdaq-style Shanghai STAR Market. The company stated Tuesday they have issued approximately 12.04 billion common…Continue Reading