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Lenovo to sell CDRs in Shanghai, boosting Star Market's pitch for China's national champions to raise funds at home

Lenovo to sell CDRs in Shanghai, boosting Star Market’s pitch for China’s national champions to raise funds at home
Georgina Lee [email protected]
Lenovo, the world s largest personal computer maker, is seeking shareholders approval to sell Chinese depositary receipts (CDRs) in Shanghai, in a move that further opens the city s stock exchange for offshore companies to raise capital.
The owner of the IBM Thinkpad laptop brand is seeking to issue 1.3 billion new shares, or 10 per cent of its enlarged capital, through CDRs, Lenovo said in a Tuesday announcement to the Hong Kong stock exchange, without specifying the amount raised. Based on Tuesday s closing price of HK$8.05 per share, Lenovo s CDR sale could raise up to HK$10.8 billion (US$1.4 billion). ....

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Various Associates designs sleek interior for a Shenzhen restaurant - Workplace | Design

Various Associates designs sleek interior for a Shenzhen restaurant
Words by Ming Yang
Various Associates’ design for a Shenzhen organic restaurant uses shape and shade to provide a dark, sophisticated backdrop suitable for a cuisine focused on authenticity of taste
Planted in a trendy neighbourhood at the heart of China’s fast-paced city Shenzhen, is a tranquil eatery where time is slowed, and the sensation of nature is braised into each and every bite of modern Chinese cuisine. Voisin Organique, a restaurant unfolding from the ‘farm-to-table’ concept, takes its diners on a journey into nature by fusing feelings to culture through the taste of food. It is a space to escape to and a valley to wander in. ....

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