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Lenovo Chief Yuanqing Borrowed to Buy Company Stock

(Corrects spelling on Yuanqing in headline.)

Aug. 18 (Bloomberg) -- Lenovo Group Ltd. Chief Executive Officer Yang Yuanqing took on personal loans to buy company shares in June, Chairman Liu Chuanzhi said in a conference call today. Yang’s investment displayed his confidence in the company and “a long term mentality,” Liu said.

To contact the reporter on this story: Mark Lee in Hong Kong at wlee37@bloomberg.net

To contact the editor responsible for this story: Nicholas Wadhams at nwadhams@bloomberg.net

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