HK Stock Market Move | LENOVO GROUP (00992) rose more than 3% during trading hours, and has completed the acquisition of Infinidat. The company's ISG business profitability is expected to further increase.

Lenovo Group (00992) rose more than 3% in intraday trading, rising 2.43% to HK$10.12 as of the time of this report, with a turnover of HK$273 million. On the news front, according to Lenovo Group's official Weibo account, on April 9, 2026, Lenovo Group officially announced the completion of the acquisition of Infinidat, a global provider of high-end enterprise storage solutions. This transaction will strengthen Lenovo's market position in the enterprise storage sector, enhancing the Group's ability to provide high-reliable, intelligent, and AI-adapted data infrastructure to global customers. It is understood that Lenovo Group's ISG business is a key engine for the Group's AI-driven growth. With the completion of the Infinidat transaction, ISG's profitability will further increase. As of the third quarter of 2025/2026, ISG revenue increased by 31% year-on-year, approaching breakeven. Publicly available information shows that Infinidat is positioned as a high-end enterprise storage solution provider for mission-critical scenarios, with core products including InfiniBox, InfiniBox SSA, InfiniGuard, and InfiniVerse.