Legend to float non-tradable stocks

Lenovo parent to spearhead program to boost the availability of H-shares

Legend Holdings Corporation, the parent company of personal computer and smartphone maker Lenovo Group, is said to be one of the two Hong Kong-listed mainland firms chosen for a pilot program to float non-tradable H shares.

The company, listed in Hong Kong in 2015, proposed amendments to its Articles of Association in a statement to the Hong Kong bourse last Monday, allowing "the conversion of all or part of domestic shares into overseas listed foreign shares for listing and trading on overseas stock exchange (s)".