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LENOVO GROUP Once Swells 11% to New Peak; G Sachs Raises TP to HKD31
LENOVO GROUP (00992.HK) opened flat today (1st) and once swelled 11.2% in early trading to a record high of HKD26.68. It last stood at HKD25.54, up 6.42%, with 167 million shares t...
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LENOVO GROUP Once Swells 11% to New Peak; G Sachs Raises TP to HKD31
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35
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LENOVO GROUP (00992.HK)  -1.040 (-3.979%)    Short selling $853.04M; Ratio 24.271%   opened flat today (1st) and once swelled 11.2% in early trading to a record high of HKD26.68. It last stood at HKD25.54, up 6.42%, with 167 million shares traded, involving HKD4.257 billion.

As chip platforms from Intel Corporation (INTC.US)      , Advanced Micro Devices, Inc. (AMD.US)      and QUALCOMM Incorporated (QCOM.US)      continue to evolve, LENOVO GROUP, as a global leader in PC brands, is expected to be a major beneficiary of the AI PC growth trend. Its personal AI agent is also set to drive comprehensive AI solutions across devices, infrastructure and software.

Related News Guotai Haitong: LENOVO GROUP (00992.HK) Poised for Valuation Re-rating
The broker noted that LENOVO GROUP's global notebook market share reached 27% in FY2025 and is expected to remain high, further expanding to as much as 28% by FY2028. By then, AI notebook penetration is projected to reach 66%, driving blended ASP to rise at an 8% CAGR in calendar years 2025-28 to USD1,114.

Goldman Sachs maintained a Buy rating on LENOVO GROUP and lifted its 12-month TP from HKD27 to HKD31.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-04 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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