HK Stock Market Move | LENOVO GROUP(00992) rises over 10% with the company expected to continue benefiting from high demand for AI servers.

LENOVO GROUP (00992) rose more than 10%, temporarily leading the blue chips. As of the time of publication, it has risen 9.4%, to HKD 24.44, with a turnover of HKD 27.16 billion. On the news front, LENOVO GROUP achieved an operating income of USD 83.075 billion for the 2025/26 fiscal year, an increase of 20% year-on-year, and a net profit of USD 2 billion after adjustments, an increase of 42% year-on-year. The company's three major business groups IDG, ISG, and SSG all achieved full-year profitability for the first time. In the 2025/26 fiscal year, LENOVO GROUP's revenue from artificial intelligence-related businesses increased by 105% year-on-year. Goldman Sachs predicts that the company's Infrastructure Solutions Group (ISG), AI personal computers, and AI servers can drive the company's re-rating, diversify it, break away from the fiercely competitive consumer electronics market, and benefit from the development trend of generative AI. Huatai stated that looking ahead to FY27, with the background of easing Sino-US relations and increased investment in AI, the company is expected to continue to benefit from the high demand for AI servers and the accelerated profitability growth of ISG.