Legend Holdings eyes overall listing

Legend Holdings Ltd, the parent of personal computer giant Lenovo Group Ltd, is planning an overall listing in the A-share market between 2014 and 2016.

Beijing-based newspaper the Jinghua Times reported the plan on Monday, quoting Liu Chuanzhi, founder of China's largest PC maker.

The company plans to invest a maximum of 30 billion yuan ($4.76 billion) on the listing plan, and to date more than 10 billion yuan has been spent, Liu said during a weekend forum.

As the leading company in China's IT industry, Legend became a publicly traded firm in 1994 after being listed in Hong Kong.

The company is now drafting its new blueprint for becoming an overall listed company.

"The reason why I can speak it out today is that we are already on the right track," Liu said.