21 February 2020

Lenovo may enter small-loan business, paper says

Lenovo Group Ltd. (00992.HK) is considering entering the small-loan and other banking-related businesses, the 21st Century Business Herald reported Monday, citing Liu Chuanzhi, chairman of the listing company’s parent Legend Holdings Ltd. Liu also told a public forum in Shanghai last week that the company is trying to adopt a more “socialized” strategy in its businesses and redefine the company’s relationship with clients.

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