Hong Kong stock movement | Lenovo Group (00992) rose nearly 3% in early trading, its subsidiary, Legend Holdings, introduced a $50 million strategic investment from EDA Capital.
Lenovo Group (00992) rose nearly 3% in the morning session. As of the time of writing, it rose 2.44% to 9.24 Hong Kong dollars, with a trading volume of 0.156 billion Hong Kong dollars.
Express News | Lenovo Group conducted a trade of 2.8 million stocks at a price of 9.086 Hong Kong dollars per share.
The lenovo group subsidiary, Liansheng Zhida, has introduced a strategic investment of 50 million dollars from Yida Capital to accelerate its expansion in the Middle East.
① The lenovo group subsidiary, Lenovo Intelligent Technology, has received a strategic investment of 50 million USD from Yida Capital; ② Lenovo will establish a market headquarters, customer and R&D center, and personal computer and server manufacturing base in Riyadh, Saudi Arabia for the Middle East and North Africa region; ③ Lenovo Intelligent Technology will accelerate its global strategy, especially in the Middle East, targeting the trillion-dollar supply chain market in the region.
CISI Financial Unit Sells $8 Million of Lenovo-Issued Debts
Lenovo Group (00992.HK): Performance exceeds expectations, AI layout expected to fully blossom.
Investment highlights: The company announced its performance for the second fiscal quarter of 2024/2025, with FY2025H1 achieving revenue of 33.297 billion US dollars, +21.92% year-on-year; net income attributable to the parent company was 0.602 billion US dollars.
Lenovo Group (00992.HK): Personal computer market share increases, ISG reaches a new high.
The company's revenue and net income attributable to the parent company increased by 22% and 41% respectively in the first half of the fiscal year, and in the second quarter they increased by 24% and 44% to 17.85 and 3.59 billion U.S. dollars. Free cash flow in the second quarter was 0.74 billion U.S. dollars, an increase of nearly