Continuous increase in market share of PC business, Lyon: Maintains outperform rating for Lenovo Group (00992.HK) against the market.

Recently, the international well-known bank Credit Lyonnais Securities released a research report stating that after raising expectations on July 5, they have further increased Lenovo Group's profit forecast for the months of April to June. The reason is that Lenovo's PC business shipment volume and profit margin are better than previously expected, and the server business revenue remains stable. Therefore, they have raised Lenovo Group's target price from HK$11 to HK$12, and maintained an outperform rating.