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Business / Technology

Will the monkey play havoc with China's tech gurus?

By Gao Yuan (China Daily) Updated: 2016-02-04 10:18

Will the monkey play havoc with China's tech gurus?

Liu Chuanzhi, chairman of Legend Holdings Ltd, delivers a speech during a conference in Beijing, Nov 22, 2012. [Photo/IC]

Many Chinese technology heavyweights, including Legend Holdings Corp Chairman Liu Chuanzhi, Huawei Technologies Co Ltd founder Ren Zhengfei and Baidu Inc CEO Robin Li, are all "monkey men". When they enter their "year of fate" after a 12 year interval, will they wear a piece of red cloth for good luck? Or are problems inevitable in their business?

Liu is the country's tech guru. He founded Lenovo Group Ltd, the world's largest personal computer maker, from the scratch in the 1980s. Born in 1944, the year of the Wood Monkey according to its elemental sign, he will turn 72 this April.

He now controls Legend Holdings, Lenovo's major shareholder. Legend's investments are in the information technology, agriculture and healthcare sectors, which are likely to provide stable long-term returns. The biggest risk lies in Liu's most valuable asset: Lenovo.

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