0992.HK - Lenovo Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
4.180
-0.150 (-3.46%)
At close: 4:08PM HKT
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Previous Close4.330
Open4.230
Bid4.180 x 0
Ask4.200 x 0
Day's Range4.150 - 4.300
52 Week Range3.530 - 5.080
Volume71,862,867
Avg. Volume46,966,949
Market Cap50.222B
Beta1.03
PE Ratio (TTM)N/A
EPS (TTM)-0.131
Earnings DateN/A
Forward Dividend & Yield0.27 (6.12%)
Ex-Dividend Date2018-07-10
1y Target Est4.08
  • Forbes20 hours ago

    Lenovo Ups Its Collaboration Game With The 'Switzerland' Of UC Devices

    Technological advancements have simplified and increased the quality of video and audio services, and when combined with the increased connectedness of the conference room, huddle spaces, coworking remote working, and chat-based productivity tools are disrupting many businesses. Traditional PC, tablet and phone players like Lenovo are entering the space, too, as many of the underlying delivery vehicles are PC or phone-based and manufacturers see this a growth area with margins higher than its volume businesses.  This could be a big disruptor to UC companies who used too much higher margins. Earlier this month, Lenovo announced what looks like a unique addition to its portfolio of meeting room solutions, the ThinkSmart Hub 700.

  • Reuters11 days ago

    Foxconn unit's shares skyrocket in Shanghai trading debut

    * Shares go limit-up in first moments of trade * FII becomes biggest China-listed tech co * Listing may help parent reduce risk - analyst (Recasts with milestone, adds quote, context) By John Ruwitch and ...

  • Reuters12 days ago

    U.S. senator queries Alphabet, Twitter on ties with Huawei

    A senior U.S. senator said on Thursday that he has asked Google parent Alphabet Inc (GOOGL.O) and Twitter Inc (TWTR.N) for information about any data sharing agreements they have with Chinese vendors, after Facebook Inc (FB.O) this week disclosed such partnerships with several Chinese companies. Senator Mark Warner, a Democrat who is vice chairman of the Senate Intelligence Committee, said he had written to the companies on Thursday and made the letters public. Facebook said on Tuesday that it had data sharing partnerships with at least four Chinese companies including mobile device manufacturer Huawei Technologies Co Ltd [HWT.UL], the world's third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies.

  • Reuters12 days ago

    U.S. senator queries Alphabet, Twitter on ties with Huawei

    A senior U.S. senator said on Thursday that he has asked Google parent Alphabet Inc and Twitter Inc for information about any data sharing agreements they have with Chinese vendors, after Facebook Inc this week disclosed such partnerships with several Chinese companies. Senator Mark Warner, a Democrat who is vice chairman of the Senate Intelligence Committee, said he had written to the companies on Thursday and made the letters public. Facebook said on Tuesday that it had data sharing partnerships with at least four Chinese companies including mobile device manufacturer Huawei Technologies Co Ltd, the world's third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies.

  • Reuters13 days ago

    U.S. lawmakers press Facebook over Chinese data sharing

    WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) faced criticism on Wednesday from Republican and Democratic U.S. lawmakers who demanded that the social media company be more forthcoming about data it has shared with four Chinese firms. The bipartisan criticism reflected rising frustration in Congress about how Facebook protects the privacy of the more than 2 billion people who use its services worldwide. The leaders of the U.S. House of Representatives Energy and Commerce Committee accused Facebook Chief Executive Officer Mark Zuckerberg of failing to disclose the company's agreements with the Chinese firms when he appeared before them in April and testified about Facebook's sharing of users' personal information with third parties.

  • Facebook confirms data sharing with Chinese companies
    Reuters13 days ago

    Facebook confirms data sharing with Chinese companies

    Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world's third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on security concerns. The social media company said Huawei Technologies Co Ltd (HWT.UL), computer maker Lenovo Group , and smartphone makers OPPO and TCL Corp were among about 60 companies worldwide that received access to some user data after they signed contracts to re-create Facebook-like experiences for their users. Members of Congress raised concerns after The New York Times reported on the practice on Sunday, saying that data of users' friends could have been accessed without their explicit consent.

  • China launches DRAM chip price probe into Samsung Elec, SK Hynix and Micron
    Reuters14 days ago

    China launches DRAM chip price probe into Samsung Elec, SK Hynix and Micron

    China has launched a probe into Samsung Electronics Co Ltd, SK Hynix Inc and Micron Technology Inc, the three semiconductor makers who control the market for DRAM memory chips. Beijing is investigating price-fixing allegations as DRAM prices have risen sharply, the first such probe by China, said a source with knowledge of the matter.

  • Reuters18 days ago

    BRIEF-China New Town Development Updates On Lenovo Mobile Communication Software (Wuhan) Acquisition

    June 1 (Reuters) - China New Town Development Co Ltd : * CDB NEW TOWN (BEIJING) ASSET MANAGEMENT CO & TONGCHUANG LP TO ESTABLISH JV CO WITH A REGISTERED CAPITAL OF RMB10 MILLION * JV CO SHALL BUY 80 PERCENT ...

  • Bloomberg25 days ago

    Lenovo's Making a Splash With Flashy Gaming Rigs

    Lenovo’s making inroads in a field not normally associated with the Chinese company: showier gaming computers. The world’s No. 2 PC maker, long a specialist in workman-like computers, has over the past year touted a Legion line that’s held its own against the hyper-fast liquid-cooled machines offered by Dell Inc.’s Alienware and its ilk. It’s now a $1 billion business, helping Lenovo Group Ltd. grow revenue by the fastest pace in more than two years last quarter.

  • Lenovo CFO on Revenue Growth, Business Strategy
    Bloomberg26 days ago

    Lenovo CFO on Revenue Growth, Business Strategy

    The worlds second largest PC maker Lenovo Group Ltd. posted its fastest pace of revenue growth in more than two years by pushing higher-priced computers and expanding its datacenter business in a stabilizing ...

  • CNBC26 days ago

    Lenovo will be 'one of the first’ players to launch 5G products, finance chief says

    Wong did not offer any further details on those products, and said he could not identify a date for Lenovo introducing 5G.

  • Reuters26 days ago

    Lenovo's revenue hits highest in three years as PC sales perk up

    China's Lenovo Group said its annual revenue climbed to a three-year high, led by a double-digit sales growth in the fourth quarter, as business at its core personal computer and smart devices segment improved. The PC business will continue to see premium products such as gaming PC and workstations driving revenue growth, Chief Operating Officer Gianfranco Lanci said. "I think the company is in much better shape than it was six-nine months ago," he told Reuters on Thursday, adding that Lenovo was now the world's top gaming PC maker.

  • Reuters26 days ago

    Lenovo's revenue hits highest in three years as PC sales perk up

    China's Lenovo Group said its annual revenue climbed to a three-year high, led by a double-digit sales growth in the fourth quarter, as business at its core personal computer and smart devices segment improved. The PC business will continue to see premium products such as gaming PC and workstations driving revenue growth, Chief Operating Officer Gianfranco Lanci said. "I think the company is in much better shape than it was six-nine months ago," he told Reuters on Thursday, adding that Lenovo was now the world's top gaming PC maker.

  • Reuters26 days ago

    BRIEF-Lenovo Aims To Be Among World's First In Rolling Out 5G Phones

    May 24 (Reuters) - Lenovo Group Ltd: * SAYS AIMS TO BE AMONG WORLD'S FIRST IN ROLLING OUT 5G PHONES, POSSIBLY IN EARLY 2019 Further company coverage: (Reporting by Hong Kong newsroom)

  • Lenovo's Financing Costs Just Hit a Record. For No Payoff
    Bloomberg26 days ago

    Lenovo's Financing Costs Just Hit a Record. For No Payoff

    Lenovo Group Ltd.'s debt load is becoming quite a drag. Used to fund a spate of deals four years ago, the PC maker's mix of bonds, promissory notes and factoring drove financing costs to a record $263.2 million last fiscal year, from just $81 million in 2014. In its earnings report, Lenovo missed an opportunity to write down the goodwill on those investments despite clear evidence that the purchases aren't paying their way.

  • Business Wire26 days ago

    Lenovo Drives Strong Fourth Quarter and FY2017/2018 Results; Innovation and Efficiencies Power Continued FY2018/2019 Improvement

    Lenovo Group  today announced results for its fourth fiscal quarter and full fiscal year ended March 31, 2018. For its fourth fiscal quarter FY2017/18, Lenovo reported US$10.6 billion in revenue, up 11% year-on-year - the first double digit increase in 10 quarters - demonstrating solid performance momentum.

  • Lenovo's Revenue Beats Estimates as PC Arm Shows Signs of Life
    Bloomberg26 days ago

    Lenovo's Revenue Beats Estimates as PC Arm Shows Signs of Life

    Lenovo Group Ltd. posted its fastest pace of revenue growth in more than two years by pushing higher-priced computers and expanding its datacenter business in a stabilizing PC market. The world’s second-largest PC vendor reported a 69 percent plunge in net income to $33 million in the three months ended March as it grappled with rising expenses. Lenovo, which became the world’s worst performing technology stock as its smartphones struggle for relevance and it loses ground to rivals such as HP Inc., has focused on burnishing the premium veneer of its bread-and-butter PCs while moving more deeply into the lucrative gaming segment.

  • Lenovo's Profit Plunges 69 Percent as PC Market Remains Lifeless
    Bloomberg26 days ago

    Lenovo's Profit Plunges 69 Percent as PC Market Remains Lifeless

    Lenovo Group Ltd. posted a 69 percent decline in profit as the personal computer market continues to stagnate and its smartphone business shows little sign of recovery. The world’s second-largest PC vendor reported a net income of $33 million in the three months ended March. Lenovo has become the world’s worst performing technology stock as its smartphones struggle for relevance and its core PC business loses ground to rivals such as HP Inc. The company has been dropped from Hong Kong’s benchmark index as Chairman Yang Yuanqing counts on a turnaround kicking in by early 2019.

  • Reuters26 days ago

    BRIEF-Lenovo Group Posts Qtrly Profit Attributable Of $33 Mln

    May 24 (Reuters) - Lenovo Group Ltd: * QTRLY REVENUE $10,638 MILLION VERSUS $9,759 MILLION * QTRLY PROFIT ATTRIBUTABLE $33 MLN VS $107 MLN LAST YEAR * BOARD HAS RESOLVED TO RECOMMEND PAYMENT OF A FINAL ...

  • Lenovo Can Find the Love It Deserves Back Home
    Bloomberg27 days ago

    Lenovo Can Find the Love It Deserves Back Home

    By the end of today we should know whether Lenovo Group Ltd. took the long overdue step of writing down some of its $5.2 billion in goodwill. To recap: Lenovo went on a $5 billion spending spree four years ago to buy marquee names such as Motorola and IBM to boost its emerging smartphone and server businesses. Today, those units are constant losers (literally), ergo the premiums Lenovo paid for them – in the form of goodwill – ought to be written off.

  • Reuterslast month

    DIARY-Hong Kong corporate earnings week ahead

    May 18 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time(GMT) 24-May-2018 NTS 0992.HK Lenovo Group Ltd Full Year ...

  • Boys & Girls Clubs Of America And Lenovo Kick Off Partnership To Promote STEM
    PR Newswirelast month

    Boys & Girls Clubs Of America And Lenovo Kick Off Partnership To Promote STEM

    Lenovo to donate products and provide volunteer support at 10 Hackathons across the U.S. RALEIGH, N.C. , May 17, 2018 /PRNewswire/ -- Boys & Girls Clubs of America today announced a partnership with Lenovo ...

  • Lenovo's Legion Line upgrades: First look
    CNET11 days ago

    Lenovo's Legion Line upgrades: First look

    Get ready for a new buttoned-down look for a laptop and handy handles on desktops.

  • It's 'high time' for Lenovo to revamp its business model:...
    CNBC Videos26 days ago

    It's 'high time' for Lenovo to revamp its business model:...

    TuanAnh Ngyuen of Canalys says Lenovo have been "resting on their laurels" in the personal computer business for too long.

  • Exclusion from the Hang Seng Index is Lenovo's wake up ca...
    CNBC Videos27 days ago

    Exclusion from the Hang Seng Index is Lenovo's wake up ca...

    Neil Shah of Counterpoint Research says Lenovo needs to move away from its reliance on personal computers and smartphones.