0992.HK - Lenovo Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
4.180
+0.270 (+6.91%)
At close: 4:08PM HKT
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Previous Close3.910
Open3.920
Bid4.170 x 0
Ask4.180 x 0
Day's Range3.870 - 4.230
52 Week Range3.530 - 5.210
Volume189,443,427
Avg. Volume36,524,271
Market Cap50.222B
Beta1.18
PE Ratio (TTM)N/A
EPS (TTM)-0.131
Earnings DateN/A
Forward Dividend & Yield0.27 (7.36%)
Ex-Dividend Date2017-11-21
1y Target Est4.16
  • It's 'high time' for Lenovo to revamp its business model:...
    CNBC Videosyesterday

    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 Videos2 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.

  • Lenovo teases a true all-screen phone | Engadget Today
    Engadget11 days ago

    Lenovo teases a true all-screen phone | Engadget Today

    The Z5's display covers 95 percent of the body, with no selfie notch.

  • Bloomberg22 hours 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
    Bloombergyesterday

    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 ...

  • CNBC2 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.

  • Reuters2 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.

  • Reuters2 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.

  • Reuters2 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
    Bloomberg2 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 Wire2 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
    Bloomberg2 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
    Bloomberg2 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.

  • Reuters2 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
    Bloomberg2 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.

  • Reuters8 days ago

    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 Newswire9 days ago

    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 ...

  • Reuters9 days ago

    In Silicon Valley, Chinese 'accelerators' aim to bring startups home

    NEW YORK/ SAN FRANCISCO (Reuters) - Beijing's unslakeable thirst for the latest technology has spurred a proliferation of "accelerators" in Silicon Valley that aim to identify promising startups and bring them to China. The surge in the number of China-focused accelerators - which support, mentor and invest in early-stage startups - is part of a larger wave of Chinese investment in Silicon Valley. Some work directly with Chinese governments, which provide funding.

  • MarketWatch11 days ago

    New AMD chip goes after $10 billion market that Intel dominates

    Advanced Micro Devices is launching yet another offensive on a market that has been sewn up by Intel for more than a decade. While the Ryzen processor family that was unveiled in 2017 goes after a premium segment of the PC market with more than $20 billion of TAM (total addressable market), more than half of that is tied to commercial-device sales. Commercial PCs and notebooks are bought by companies for employees or purchased by employees themselves as part of the BYOD (bring your own device) trend.

  • Financial Times11 days ago

    [$$] VR headsets: Mirage Solo v Oculus Go

    For years now, advocates of virtual reality have been predicting that a breakthrough innovation was just around the corner: a cheap, simple standalone headset that anyone could just pick up and wear. Since the Oculus Rift made its debut on Kickstarter in 2012, VR headsets have needed either a PC, a games console or a smartphone to function. The technology’s proponents preached patience: one day, they promised, a headset would come along that bundles the screen, computing power and motion sensors into a single self-contained unit.

  • Reuters12 days ago

    Foxconn unit luring cornerstone investors for Shanghai IPO

    An internet and industrial-focused unit of Taiwanese electronics manufacturer Foxconn plans to sell 30 percent of its public share offering in Shanghai to a group of cornerstone-type investors, its prospectus showed, a rare move in China listings. Foxconn Industrial Internet is yet to finalise the size of the initial public offering (IPO), but it plans to use the proceeds to finance investments totalling 27.3 billion yuan ($4.3 billion) on areas including cloud computing, data centre and 5G related projects, according to the prospectus filed on Monday. The company didn't immediately respond to a request for comment on how much it plans to raise from the IPO.

  • Reuters12 days ago

    Foxconn's unit plans Shanghai IPO, raising capital to upgrade production, projects

    HONG KONG, May 14 (Reuters) - Foxconn Industrial Internet Co Ltd, an internet and industrial-focused unit of Taiwan's Foxconn , filed an application on Monday for an initial public offering in Shanghai ...

  • Google and Lenovo Chase Facebook in the Standalone VR Market
    Motley Fool12 days ago

    Google and Lenovo Chase Facebook in the Standalone VR Market

    Will the Mirage Solo tackle the low-end Oculus Go?

  • Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits
    Bloomberg15 days ago

    Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits

    Red Hat Inc. and Lenovo Group Ltd. are giving away free patents to any startup that joins a group of more than 200 companies devoted to keeping its members and their patents out of court. It’s a carrot to entice startup companies to join the LOT Network, a non-profit created by Alphabet Inc.’s Google and Canon Inc. four years ago to combat litigation by patent assertion companies, known derisively as “trolls,” that don’t make any products but seek royalties by challenging patents. By joining LOT, a company agrees that if they sell patents to such firms, all group members will have a free license to them.

  • Lenovo Gets Dropped From Hong Kong Benchmark
    Bloomberg19 days ago

    Lenovo Gets Dropped From Hong Kong Benchmark

    Removal from the index is likely to spur more outflows from the stock