Shares of the Chinese company Lenovo collapsed by 17.7 percent during the bidding in the Hong Kong Stock Exchange on Monday, October 11, compared with the closure of the previous trading session. On Friday, October 8, the value of the action was 8.81 Hong Kong dollar (81.1 rubles). At a minimum on October 11 at 10:10 Moscow time, Moscow time was traded by 7.25 dollars (66.75 rubles). At 10:35, stocks cost 7.64 dollars (70.34 rubles).
Paper collars occurred after the decision Lenovo postpone the listing on the Shanghai Stock Exchange and became the largest daily fall of the company for ten years. Lenovo did not explain the reasons for refusing to place papers, but expressed the hope that the request for the application would not have a negative impact on the company’s financial position.
Lenovo is the world’s largest manufacturer of personal computers. The company accounts for 20 percent of the PC market. Company shares are posted on stock exchanges in Hong Kong and New York.
In mid-September, Marketplace Aliexpress recognized Lenovo IP Gaming laptop 3 most popular among its Russian customers in the years of 2021. Laptop Chinese company ahead of MSI GF63 and MacBook Air 13.