Len­ovo pre­pares to sell dol­lar-de­nom­i­nated bonds

China Daily (Canada) - - BUSINESS -

Len­ovo Group Ltd, the Bei­jing-based com­puter maker, is plan­ning a sale of dol­lar­de­nom­i­nated bonds as Chi­nese is­suers pay the least they have in three months for US cur­rency debt. Len­ovo is sched­uled to meet in­vestors in­Hong Kong on Fri­day and in Sin­ga­pore on April 28, a per­son with knowl­edge of the de­tails said. An of­fer­ing would raise funds for any ac­qui­si­tions and for gen­eral cor­po­rate pur­poses, the com­pany said in an ex­change fil­ing on Thurs­day. in China, launched an on­line plat­form on Wed­nes­day to en­able in­di­vid­u­als to de­velop real es­tate. The move, aimed at bet­ter tak­ing cus­tomers’ de­mand into con­sid­er­a­tion, is be­ing started by Van­tone to take ad­van­tage of the In­ter­net. The on­line plat­form will en­able par­tic­i­pants to de­sign projects and put them into pro­duc­tion once a cer­tain num­ber of them have agreed to the project. at a two-month low. The ChiNext slid 0.5 per­cent.

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