Conglomerate Legend Holdings has applied to list Legend Capital, which has $1.7bn under management, on China's NEEQ market.

Legend Capital, the corporate venturing arm of China-based conglomerate Legend Holdings, has applied to list on China’s National Equities Exchange and Quotation (NEEQ) market, China Money Network reported yesterday.

Founded in 1984, Legend Holdings’ core business revolves around its majority stake in hardware manufacturer Lenovo, but it has diversified holdings spanning financial services and investment, IT, agriculture, real estate and chemicals.

Legend Capital was launched in 2001 with $35m of funding, and Legend Holdings currently owns 20% of the unit,…