Yang's two-year 11 reduction of Lenovo stock was accused of not optimistic about the future of Lenovo

Yang's two-year 11 reduction in Lenovo stocks or debt to repay the Lenovo performance continued to good, the share price also higher. With Lenovo's share price rising all the way, Lenovo Group chairman Yang to reduce Lenovo shares of the strength is also increasing. Recently, Yang continued to reduce 40 million shares of Lenovo Group, a set of HK $370 million. In addition, other shareholding in the snow Levy, Zhu Linan, Tian have small-scale reduction action. For Yang and other shareholders of the high level of reduction, there is a voice that this is not optimistic about the performance of Lenovo Outlook. But Lenovo said that the Yang had borrowed to buy Lenovo shares, the individual burdened with heavy debt pressure, every high reduction of shares used for debt repayment, completely reasonable, there is no pessimistic about Lenovo's future. Yang, in an interview with South Dublin, also said he was confident of Lenovo's future after a recent news conference in the second quarter of the group's fiscal year 2013-2014. 11 consecutive reduction or repayment according to the Hong Kong stock Exchange, Yang from November 18 to 21st, respectively, 9.01 Hong Kong dollars to 9.44 Hong Kong dollars per share of the price, 4 consecutive reduction of 40 million shares of Lenovo Group, the current 370 million Hong Kong dollar holdings from 7.92% to 7.68%. This reporter inquires the Stock Exchange public information found that from February 2012 onwards, Yang has been continuously reduce holdings. February 28, 2012, February 29 2 reduction amounted to about 1.6 million shares of Lenovo Group, a set of about HK $11 million; December 2012, Yang repeatedly reduced the number of 29 million shares of Lenovo Group stocks, The average price of HK $7.04 per share is about HK $204 million; on February 22 this year, Yang reduced the company's shares of 20 million shares, averaging 8.304 Hong Kong dollars a share of HK $166 million, and this September, Yang reduced 15 million shares of Lenovo Group, which is now 113 million yuan. Plus the 4 consecutive reduction, Yang has 11 consecutive reduction of Lenovo stock. Lenovo's share price, accompanied by a steady reduction in Yang's holdings, has risen from HK $1.32, the lowest in 2009, to its current HK $9.21. Lenovo Group's market capitalisation has risen from HK $40 billion to HK $95 billion since he was chairman of Lenovo Group. As the PC market is shrinking, so there is a voice on the market that Yang's high level of reduction behavior, Lenovo is not optimistic about the performance of the future. In response, Lenovo's marketing director said he had a heavy debt burden in 2011, when he borrowed HK $3.1 billion to buy 8% of Lenovo's shares. Yang This reduction, mainly used for repayment of loans and interest, there is no high position of the said, not to mention the future pessimistic Lenovo. June 17, 2011, Yang from Lenovo Group's parent company Lenovo Holdings to buy 8% of Lenovo Group, a total of 797 million shares, 3.95 Hong Kong dollars per share, costing 3.15 billion Hong Kong dollars. With Lenovo's stock price rising, Yang's 3.15 billion Hong Kong dollar bought shares, the book Wealth has beenIncreased by about HK $4 billion. Lenovo's strong growth momentum, the driving force behind the rising share price, is naturally its growing performance. The previous November 7, Lenovo Group announced the second quarter of fiscal year 2013-2014 earnings. Earnings showed that, as of September 30, 2013, Lenovo Group's second-quarter turnover amounted to 9.8 billion U.S. dollars, an increase of 13%. Net profit of 2, 2 billion U.S. dollars, an increase of 36%. According to earnings, Lenovo sold 29 million devices globally in the second quarter. Running 18 consecutive quarters to win the overall industry growth. Compared with Lenovo's growing, PC giants such as Hewlett-Packard, Dell, Acer, ASUS, both shipments and profits, have seen a substantial decline in successive quarters, so that Dell is speeding up privatisation, and Acer founder Shih to save the Acer crisis again. In an interview with reporters at the November 7 earnings conference, Yang said Lenovo's PC and Tablet PCs were ranked second in the world in the third quarter, with sales rising by 36% over the year, including smartphones, tablets and personal computers. Meanwhile, Lenovo continued to be the world's fourth-largest smartphone provider, with sales rising 78% per cent year-on-year. "We are optimistic about future market developments, driven by a wave of corporate change and a rebound in the Chinese market, the PC market will gradually recover, and the shift of Tablet PCs to the mainstream market and emerging markets will continue." These are the areas that Lenovo excels in, and we are confident that we can seize the opportunities and maintain strong growth. "Interview: South reporters Gao Lingyun intern Jia