Lenovo holding shares were 8 times times oversubscribed: the issue price or HK $ 43-the legend, Lenovo, listed-IT information

IT information news on June 19, according to foreign media reports, Lenovo Group's holding company "legend" will be in its Hong Kong initial public offering (IPO), analysts said institutional investors on Lenovo stock demand, so the company will have a total financing of us $ 2 billion.

Another person disclosed, legend holdings is considering IPO priced at HK $ 43 a share, for previously announced IPO shares the top of the range. Institutional investors to price limit subscription legend stock orders, order quantity has been reached at least 8 times times the shares allocated to them. Documents also show, Lenovo holdings will be announced on June 21, the final IPO price.

Legend Holdings, owns 30.6% shares of Lenovo Group. In the previous prospectus, legend says, plans to issue 352.9 million shares, price between HK $ HK $ 39.8 to 43. According to the plan, on June 22, Legend Holdings, will formally announce the IPO offering price. On June 29, the company's shares will be listed on the Hong Kong stock exchange trading.

Legend Holdings website, the company was founded in 1984. By the end of 2014, legend has developed into an asset size of US $ 47 billion, employs more than 60,000 people of integrated enterprise. Its business scope covers IT, financial services, real estate, agriculture and food, chemical raw materials and modern services.