Sino-File

Urban legend

“The country’s middle class has become bigger than the combined population of many European countries, which generates huge demand that needs to be met”

Liu Chuanzhi w

Liu Chuanzhi

Legend Holdings founder Liu Chuanzhi tells China Daily his conglomerate is well placed to tap this demand via its portfolio of corporate stakes (Legend owns more than 30% of Lenovo). Legend made its Hong Kong stock market debut on Monday, though did so on a torrid day of trading. It closed down 0.1%.


© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.