• Wed
  • Oct 1, 2014
  • Updated: 6:32am

Legend Holdings

Legend mulls big move into financial services

Legend Holdings, the parent of the world's No3 computer maker Lenovo Group, will be investing in the mainland's rapidly growing financial services sector in a big way in the next six years.

Saturday, 15 March, 2008, 12:00am

Lenovo set on global push after solid gains

PC giant boasts strong cash flow to pursue an acquisition

Mainland computer giant Lenovo is poised to step up its international expansion and target an acquisition during the Year of the Rat, emboldened by steady gains and strong quarterly financial results that capped its performance in the Year of the Pig.

4 Feb 2008 - 12:00am

Ailing mobile-phone unit being sold to Hony Capital group

After casting off the IBM brand from its global marketing programme, Lenovo Group is shedding its unprofitable mobile-telephone division in a bid to sharpen focus on its core computer business.

1 Feb 2008 - 12:00am

Digital China to get HK$1.3b shot from investors

An influx of new investors will give a much-needed capital boost and fresh direction to Digital China Holdings, the mainland's largest information technology products distributor, market analysts say.

13 Aug 2007 - 12:00am

Legend eyes A-share sales for venture capital units

Lenovo parent sees one of its investment vehicles raise US$570m, a record for domestic buyout funds

Legend Holdings, the parent firm of mainland computer maker Lenovo Group, plans to push more companies under its investment portfolio to list in the A-share market after one of its units recently raised US$570 million, a record for a domestic buyout fund.

8 Mar 2007 - 12:00am

Jingwen enters Legend stores

Jingwen Record Company, a subsidiary of Sun Media Group Holdings, has reached an agreement with mainland PC-maker Legend Holdings to sell its audio-visual products in Legend's Beijing stores.

29 Jul 2002 - 12:00am

Component prices to curb Legend

Legend Holdings, China's dominant personal computer maker, is expected to post only a slight increase in profits when it reports its latest quarterly results today.

4 Feb 2002 - 12:00am

Newspaper report stings Legend

Legend Holdings, China's leading computer-maker, plunged as much as 10 per cent yesterday on news that the company slashed orders of computer parts from its Taiwanese vendors.

The counter dipped to an intraday low of HK$3.375 yesterday before finishing the session at $3.425, an 8.66 per cent fall for the day.

25 Aug 2001 - 12:00am

Legend in share buy-back

Legend Holdings, China's dominant computer manufacturer, has bought back 8.2 million shares at prices between HK$4.175 and HK$4.225. The purchase helped boost Legend's share price by as much as 3.9 per cent to an intra-day high of HK$4.325 before settling back at HK$4.225.

17 Aug 2001 - 12:00am

WHAT THE BROKER SAYS...

Legend Holdings manufactures and sells own-brand personal computers, while distributing foreign-brand computers and related products, and offers systems integration services. It also manufactures motherboards.

According to a recent Sun Hung Kai Research report, the mainland could turn into a 'nasty battlefield' as far as PC manufacture goes.

8 Jul 2001 - 12:00am

Legend Holdings

Legend Holdings, a mainland-based personal-computer manufacturer, is top-ranked in the country's PC market, with more than 20 per cent of market share. It is also involved in the manufacture and distribution of computer-related wares.

2 Apr 2000 - 12:00am

Legend dismisses WTO fears

Computer firm Legend Holdings has dismissed concerns that it would be adversely affected by the mainland's accession to the World Trade Organisation.

The red chip yesterday said there would be no negative impact as all leading foreign personal-computer firms had set up mainland assembly lines in the past few years.

15 Apr 1999 - 12:00am

Legend continues bid success

Legend Holdings, which recently formed part of a group to win a US$540 million computer project tendered by the Ministry of Information, yesterday said it won two other computer projects from the State Education Commission. Legend said it was supplying hardware and software projects to the commission.

20 Aug 1998 - 12:00am

Legend denies plans

Legend Holdings has sought to clarify recent press articles by stating that it has not disclosed a profit and turnover forecast for this year and next, has no current plans to raise funds and that its controlling shareholder intends to maintain the controlling stake.

2 Jun 1998 - 12:00am

LEGEND Holdings

LEGEND Holdings makes and distributes computer products and supplies companies such as Microsoft, Apple, Hewlett-Packard and IBM.

A year ago, Yamaichi International (HK) put a buy on the stock, saying its growth prospects deserved a higher rating.

26 Apr 1998 - 12:00am

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