-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Lenovo Group (00992) rose more than 6%, and global AI Capex continues to increase server growth, which will bring greater flexibility to the company
Share
Listen to the news

The Zhitong Finance App learned that Lenovo Group (00992) rose more than 6%. As of press release, it had risen 6.16% to HK$22.74, with a turnover of HK$1,335 billion.

According to the news, Lenovo Group achieved operating income of US$83,075 billion in fiscal year 2025/26, an increase of 20% year on year, and adjusted net profit of US$2 billion, an increase of 42% year on year. For the first time, the company's three business groups IDG, ISG and SSG simultaneously achieved full-year profits. The company previously set clear medium- to long-term financial targets during an Investor Day event, with annual revenue of 100 billion US dollars and a net interest rate of more than 3% within two years; on the ISG side, AI server orders have already exceeded 21 billion US dollars. Shen Wan Hongyuan believes that the server industry has a strong scale effect. As global AI capital continues to grow and enterprise AI application implementation accelerates, servers will bring greater flexibility to the company.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending