Chinese PC maker Lenovo withdraws application for $1.6b Shanghai listing

Chinese PC maker Lenovo withdraws application for $1.6b Shanghai listing

Photographer: Joan Cros/NurPhoto via Getty Images/Bloomberg

China’s Lenovo Group Co, the world’s biggest maker of personal computers (PCs), has withdrawn its application for a 10 billion yuan ($1.55 billion) share listing in Shanghai, a Shanghai Stock Exchange filing showed on Friday.