Hony has about US$10 billion under management. The entity status is Good Standing. Legend Holdings Corporation is located in Beijing, Beijing, China and is part of the Investment Firms Industry. With an ownership of 5.3%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Santos will use the money to pay off debt and increase its cash balance. Lenovo bought IBM’s personal computer division in … But he's finding it hard to avoid reporters after his company bought a major stake in Legend Holdings, owner of China's biggest computer maker Lenovo Group. See our latest analysis for Legend Holdings. Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. Since 2014, Hony Capital has established Hospital Corporation of China and Best Food Holding Company Limited as its investment management platforms to explore systematic opportunities in healthcare, chain food and beverage industries. The shares were sold at prices ranging from HK$7.03 TO HK$7.15 each. The business start date is February 14, 2020. It has a market capitalization of HK$34b. Conversely, insiders often decrease their ownership over time. When such a trade goes wrong, multiple parties may compete to sell stock fast. Legend Holdings subsidiary Joyvio Group has put millions into Agri-Joyvio. Legend Holdings, a HK listed company and founded by Lenovo owner Li Chuan Zhi, has agreed to buy 89.93% of Banque Internationale à Luxembourg (BIL), a leading universal banking group headquartered in Luxembourg. Additionally, we found that 3 of the top shareholders have a considerable amount of ownership in the company, via their 66% stake. Chinese Owner of Lenovo to Buy Major Stake in Luxembourg Bank Asia Strategy Stock markets. Stake From Qatar's Royal Family Hony also invests in overseas consumer brands in order to create value by expanding their presence in China. This may not be consistent with full year annual report figures. Hony has about US$10 billion under management. A look at the shareholders of Legend Holdings Corporation (HKG:3396) can tell us which group is most powerful. Private companies may also have a strategic interest in the company. Many institutions measure their performance against an index that approximates the local market. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. In July 2012, Hony Capital became the first private equity company registered in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. Most would say this shows alignment of interests between shareholders and the board. Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. SEHK:3396 Ownership Summary, February 4th 2020 What Does The Institutional Ownership Tell Us About Legend Holdings? Join to Connect Legend Holdings. Legend, a Chinese investment holdings company, has subsidiaries in the financial, agriculture and IT sectors. Legend Holdings Corporation(Chinese:联想控股股份有限公司) is a Chinese investment holding company with interests in finance, real estate, and information technology, and the controlling shareholder of its better-known associate company, the Lenovo Group. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. Hony worked with American buyout firm TPG Capital in 2014 to invest about US$1 billion in a new Hollywood movie studio, STX Entertainment, to make films for worldwide distribution. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio. JP Morgan acted as Hony's adviser for this transaction.[2][4]. Suning Holdings Group Co. Ltd. provides business services. [2] STX is run by film producer Robert Simonds. Hony claims it can help PizzaExpress create more value in China using its extensive experience and network in its home market. In 2009, China Oceanwide Holdings Group, a private investment firm based in Beijing, bought 29% of Legend Holdings, the parent company of Lenovo, for 2.76 billion yuan. Since the establishment in 1984, Legend Holdings has had multiple phases of leapfrog-growth under the leadership of Liu Chuanzhi, turning the company from a small IT business, as always in relentless pursuit of higher achievement, to a diversified enterprise and further into an international conglomerate. Legend Holdings Corporation has 186 total employees across all of its locations and generates $58.74 billion in sales (USD). Legend Holdings is carrying net debt of 4.10 times its EBITDA, which is getting towards the upper limit of our comfort range on a dividend stock … This article by Simply Wall St is general in nature. Let's delve deeper into each type of owner, to discover more about Legend Holdings. [13], Investors in Hony's private equity funds include numerous American and Canadian pension funds, the Bill & Melinda Gates Foundation, Goldman Sachs, and China's national social insurance fund. We can see that Private Companies own 37%, of the shares on issue. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. [2], Through its subsidiary Hony Capital, Legend acquired PizzaExpress for US$1.54 billion from private equity fund Cinven in 2014. He was 86. Read the full story on Reuters here. 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