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Suning, Hony Capital Invest USD 420 Mln in PPTV

Sina Tech, 10/28/13

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) held a press conference in Beijing today to announce that the company has jointly invested USD 420 mln in Chinese P2P streaming video platform PPLive (PPTV) with Hony Capital, a Beijing-based investment corporation sponsored by Lenovo's (0992.HK) parent company, Legend Holdings. Read More

Lenovo Holdings to Invest RMB 26 Bln in Hubei

Chutian Metropolis Daily, 8/29/12

During the recent 2012 investors meeting of Hony Capital in Wuhan, Liu Chuanzhi, chairman of Lenovo's (0992.HK) parent company Lenovo Holdings, announced that Lenovo will invest RMB 26 bln in Hubei province over the next 3-5 years. Read More

Rumor: Hony Capital May Sell Elpida DRAM Plant to SMIC

Sohu IT, 5/01/12

Nikkei News quoted an industry source on May 1 as saying that after completing its acquisition of Japanese DRAM manufacturer Elpida Memory, Beijing-based private equity firm Hony Capital plans to sell or outsource the company's Hiroshima DRAM plant to Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK). Read More

Hunan Happigo Obtains RMB 330 Mln Funding

Economic Observer, 3/31/10

Happigo, a Chinese TV shopping and e-commerce firm owned by Hunan broadcaster Golden Eagle Broadcasting System (GBS), announced that it has received strategic investment from Hony Capital, CITIC Private Equity Funds Management, and Sequoia Capital. Read More

Lenovo Buys Stake in BOC International

21st Century Business Herald, 3/19/10

During the National People's Congress (NPC) and the Chinese People's Political Consultative Committee (CPPCC) meetings in Beijing last week, Lenovo Group (0992.HK) founder and chairman Liu Chuanzhi publicly confirmed that Legend Capital, an independent venture capital subsidiary of Legend Holdings, the investment arm of Lenovo, had purchased shares in the Bank of China International Holdings, Ltd. (BOCI). Read More

Lenovo Sells Handset Unit for USD 100 mln

Netease Tech, 1/31/08

The Lenovo Group (0992.HK) announced today that it has sold its handset business unit for USD 100 mln to four companies: Jade Ahead (45%), Xiaoxiang Ventures (30%), Ample Growth (15%) and Super Pioneer (10%). Read More