China's Legend to Boost Direct Investments

By staff reporters Zhao Jianfei and Ming Shuliang

(.com.cn) Legend Holdings, the parent of Lenovo, plans to invest 10 billion yuan over the next five years in clean energy, new materials, environmental protection, financial services and the high-tech sectors, vice president Wu Yibing told a press briefing here on Sept. 8.

The company will increase its direct investments and consider listing as part of its efforts to become an investment giant, chairman Liu Chuanzhi said on the same day.