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%.

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