Business Digest

PUBLISHED : Wednesday, 09 May, 2012, 12:00am
UPDATED : Wednesday, 09 May, 2012, 12:00am


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Lenovo expands range of net-linked smart TVs

Lenovo, the world's second-largest supplier of personal computers, introduced an expanded line of internet-enabled 'smart television' products for sale on the mainland. The company is now offering its 55-inch screen K91 and K81 models after taking pre-orders last month for its 42-inch K81 and K71 models. Bien Perez

Shares hit by news of CNC chairman's sick leave

Hong Kong-listed China Xinhua News Network (CNC) said chairman Wu Jin Cai would take leave for health reasons. In a filing to the Hong Kong stock exchange, it said chief executive Zou Chen Dong would fill in for Wu. Its shares plunged 24.4 per cent to 68 cents on Monday but climbed back 10.3 per cent yesterday. Sophie Yu

Figures tipped to show strong growth in car sales

The China Passenger Car Association estimates sales of SUVs, sedans and multipurpose vehicles jumped 13 per cent year on year to 1.08 million units last month. These three car models make up nearly 80 per cent of the mainland's passenger car market. Official sales figures will be announced in the next two days. Anita Lam