HK Stock Market Move | LENOVO GROUP (00992) rose by nearly 5% again, and its server business is accelerating into an upward trend.

LENOVO GROUP (00992) rose nearly 5%, as of the time of publication, up 4.83% to HK$25.6, with a turnover of HK$1.617 billion. On the news front, the x86 server market data for the first quarter of 2026 released by IDC shows that LENOVO GROUP has made significant progress in the global x86 server market: in terms of vendor revenue, LENOVO GROUP has risen to second place in the global x86 server market with a year-on-year growth rate of 36.5%, reaching a market share of 8.8%, a year-on-year increase of 2.5 percentage points. In the first quarter, LENOVO GROUP's revenue side achieved a counter-cyclical growth, with a quarterly increase of 10.9%, indicating that the server business is accelerating into an upward trend. It is worth mentioning that in the just-ended fourth quarter, Lenovo's Infrastructure Solutions Group (ISG) achieved a new high in revenue and successfully turned a loss into a profit. With the continuous release of demand for AI servers, liquid cooling infrastructure, and enterprise-class computing power, Lenovo's server business is gradually moving into a new stage of simultaneous scale growth and profit improvement from the previous investment period. In the fourth quarter, Lenovo's AI server revenue continued to set new records, with a high-speed growth of 50% year-on-year in AI server revenue for the full year.