HK Stock Market Move | Lenovo Group (00992) rose more than 7% again, its market share in the PC market is continuing to expand against the trend, and its progress in AI server business is advancing rapidly.
Lenovo Group (00992) surges over 7% again, as of the time of writing, up 7.26% to HK$23.94, with a turnover of HK$1.388 billion.
LENOVO GROUP (00992) continues to rise by over 7%, as of the time of writing, it has increased by 7.26% to 23.94 Hong Kong dollars, with a turnover of 1.388 billion Hong Kong dollars.
In terms of news, on July 8th, the global market research firm IDC released preliminary data for the global traditional PC market in the second quarter of 2026. LENOVO GROUP continues to consolidate its leading position in the global PC market, delivering a strong performance against the trend: shipments reached 16.6 million units, market share reached 24.4%, an increase of 0.7 percentage points from the same period last year, reaching a new high in the second quarter of the year. It is worth mentioning that as an important partner of NVIDIA, Lenovo continues to deepen AI PC product innovation. Its AI PC equipped with NVIDIA RTX Spark will be launched in the fall of 2026, which is expected to further enhance Lenovo's product competitiveness and technological leadership in the field of AI PCs.
Previously, LENOVO GROUP also set clear medium and long-term financial goals at an investor day event: within two years, annual revenue will reach $100 billion, with a net profit margin of over 3%; in the next 3-5 years, annual revenue will reach $130 billion, with a net profit margin of over 5%; after 5 years, annual revenue will reach $150 billion, with a net profit margin of over 8%; in terms of ISG, the order backlog for AI servers has exceeded $21 billion.
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