Lenovo shares tumble following report about alleged Chinese spy chips

Lenovo shares tumble following report about alleged Chinese spy chips

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/05/lenovo-tumbles-after-report-about-alleged-chinese-spy-chips.html

Shares of computer maker Lenovo fell about 20 percent on Friday morning as shares in many Chinese tech firms struggled for gains during Asian trading hours.

Lenovo, which is headquartered in Hong Kong and runs an operational center and several research centers in mainland China, saw its stock fall 19.13 percent as of 11:45 a.m. HK/SIN. Shares had declined nearly 23 percent earlier in the morning.