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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.57HKD
16 Aug 2019
Change (% chg)

HK$-0.07 (-1.24%)
Prev Close
HK$5.64
Open
HK$5.56
Day's High
HK$5.68
Day's Low
HK$5.54
Volume
62,845,507
Avg. Vol
40,091,902
52-wk High
HK$7.58
52-wk Low
HK$4.51

Latest Key Developments (Source: Significant Developments)

Lenovo Group Posts Qtrly Profit Attributable US$162 Million
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Lenovo Group Ltd <0992.HK>::LENOVO GROUP LTD - QTRLY PROFIT ATTRIBUTABLE US$ 162 MILLION VERSUS US$77 MILLION.LENOVO GROUP LTD - QTRLY REVENUE US$ 12,512 MILLION VERSUS U$11,913 MILLION.LENOVO GROUP LTD - FOR ITS MOBILE BUSINESS, GROUP PLANS TO LAUNCH UP TO SIX NEW MODELS IN COMING QUARTER.LENOVO GROUP LTD - DURING QUARTER, PCSD'S PRE-TAX PROFIT INCREASED 23 PERCENT YEAR-ON-YEAR TO US$524 MILLION.LENOVO GROUP LTD - DURING QUARTER, MOBILE BUSINESS GROUP DELIVERED US$1,503 MILLION REVENUE, REPRESENTING A YEAR-ON-YEAR DECLINE OF 9 PERCENT.LENOVO GROUP LTD - PC AND SMART DEVICE BUSINESS REPORTED A 12 PERCENT YEAR-ON-YEAR GROWTH OF QUARTERLY REVENUE TO US$9,631 MILLION.LENOVO-MACRO RISKS ARISING FROM ONGOING TRADE NEGOTIATIONS, IMPORT TARIFF CHANGES BY COUNTRIES & CHALLENGES ALONGSIDE GEOPOLITICAL UNCERTAINTIES.  Full Article

IDC Says Worldwide Market For PC Monitors Experienced Overall Y-O-Y Decline Of 2.1 Pct In Q4 2018
Saturday, 30 Mar 2019 

March 29 (Reuters) - International Data Corporation::INTERNATIONAL DATA CORPORATION SAYS WORLDWIDE MARKET FOR PC MONITORS EXPERIENCED AN OVERALL YEAR-OVER-YEAR DECLINE OF 2.1 PERCENT IN Q4 OF 2018.IDC SAYS QUARTERLY GROWTH REMAINED UNCHANGED WITH WORLDWIDE MONITOR SHIPMENTS TOTALING 31.4 MILLION UNITS IN Q4 2018.IDC - SEES 118 MILLION PC MONITOR UNITS SHIPPED FOR FY 2019, RESULTING IN YEAR-OVER-YEAR DECLINE OF 2.7 PERCENT IN WORLDWIDE SHIPMENTS TO 30.5 MILLION UNITS IN Q4 2019.IDC SAYS DELL RETAINED TOP POSITION IN Q4 WITH WORLDWIDE MARKET SHARE OF 21.6% ON SHIPMENTS OF OVER 6.7 MILLION UNITS.IDC SAYS LENOVO MAINTAINED ITS TOP 3 POSITION IN Q4 2018 WITH "SOLID" QUARTER-OVER-QUARTER GROWTH OF 4.3 PERCENT AND NEARLY 4 MILLION UNITS SHIPPED.IDC SAYS HP SAW MORE THAN 4.5 MILLION UNITS SHIPPED RESULTING IN 14.6 PERCENT SHARE IN Q4 2018.IDC SAYS BY 2020, WORLDWIDE SHIPMENTS OF PC MONITOR UNITS ARE EXPECTED TO BE ROUGHLY 114 MILLION UNITS.  Full Article

Lenovo Group Updates On $675 Mln 3.375% Convertible Bonds Due 2024
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Lenovo Group Ltd <0992.HK>::LENOVO GROUP-APPLICATION MADE TO STOCK EXCHANGE OF HONG KONG TO LIST US$675 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.375% CONVERTIBLE BONDS DUE 2024.  Full Article

Lenovo Group Announces Proposed Issuance Of US$675 Mln 3.375% Convertible Bonds Due 2024
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Lenovo Group Ltd <0992.HK>::ANNOUNCES PROPOSED ISSUANCE OF US$675 MILLION 3.375% CONVERTIBLE BONDS DUE 2024.  Full Article

Gartner Says Worldwide Pc Shipments Declined 4.3 Percent In 4Q18 And 1.3 Percent For The Year
Friday, 11 Jan 2019 

Jan 10 (Reuters) - Gartner Inc ::GARTNER SAYS WORLDWIDE PC SHIPMENTS DECLINED 4.3 PERCENT IN 4Q18 AND 1.3 PERCENT FOR THE YEAR.GARTNER SAYS Q4 WORLDWIDE PC SHIPMENTS 68.6 MILLION UNITS, A 4.3 PERCENT DECLINE.GARTNER SAYS FOR YEAR, 2018 PC SHIPMENTS SURPASSED 259.4 MILLION UNITS, A 1.3 PERCENT DECLINE.GARTNER SAYS JUST WHEN DEMAND IN PC MARKET STARTED SEEING POSITIVE RESULTS, A SHORTAGE OF CPUS CREATED SUPPLY CHAIN ISSUES.GARTNER SAYS AFTER TWO QUARTERS OF GROWTH IN 2Q18 AND 3Q18, PC SHIPMENTS DECLINED IN Q4.GARTNER SAYS IMPACT FROM CPU SHORTAGE AFFECTED ABILITY TO FULFILL DEMAND CREATED BY BUSINESS PC UPGRADES; EXPECT DEMAND TO BE PUSHED FORWARD INTO 2019.GARTNER SAYS "POLITICAL AND ECONOMIC UNCERTAINTIES IN SOME COUNTRIES DAMPENED PC DEMAND".GARTNER SAYS CONSUMER DEMAND REMAINED WEAK IN HOLIDAY SEASON & HOLIDAY SALES ARE NO LONGER A MAJOR FACTOR DRIVING CONSUMER DEMAND FOR PCS.GARTNER SAYS LENOVO, HP INC. AND DELL ACCOUNTED FOR 63 PERCENT OF PC SHIPMENTS IN Q4, UP FROM 59 PERCENT.GARTNER SAYS LENOVO SURPASSED HP INC. TO MOVE INTO THE NO. 1 POSITION IN GLOBAL PC MARKET IN Q4.GARTNER SAYS A MAJOR FACTOR FOR LENOVO’S SHARE GAIN WAS CREDITED TO A JOINT VENTURE WITH FUJITSU FORMED IN MAY 2018.GARTNER SAYS LENOVO HAD A STRONG QUARTER IN THE U.S..GARTNER SAYS Q4 WAS A CHALLENGING ONE FOR HP INC AS IT EXPERIENCED A SHIPMENT DECLINE AFTER FOUR CONSECUTIVE QUARTERS OF GROWTH.GARTNER SAYS HP INC.’S Q4 SHIPMENTS DECLINED IN MOST KEY REGIONS, EXCEPT ASIA/PACIFIC AND JAPAN.  Full Article

Lenovo Group Posts Q2 Profit Attributable Of $168 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Lenovo Group Ltd <0992.HK>::Q2 PROFIT ATTRIBUTABLE $168 MILLION VERSUS $139 MILLION.QTRLY REVENUE $ 13,380 MILLION VERSUS $11,761 MILLION A YEAR AGO.DECLARED AN INTERIM DIVIDEND OF HK6.0 CENTS PER SHARE.  Full Article

Lenovo Group Says Lenovo Beijing Granted Put Option To Yuan Jia
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Lenovo Group Ltd <0992.HK>::UNIT, COMPANY, YUAN JIA, HII AND ZJSB ENTERED INTO OPTION AGREEMENT.LENOVO BEIJING GRANTED PUT OPTION TO YUAN JIA; YUAN JIA GRANTED CALL OPTION TO LENOVO BEIJING.  Full Article

Lenovo Group Says Qtrly Profit Attributable $77 Mln
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Lenovo Group Ltd <0992.HK>::QTRLY GROSS PROFIT MARGIN 13.7% VERSUS 13.6%.QTRLY REV $11,913 MLN VS $10,012 MLN .QTRLY PROFIT ATTRIBUTABLE TO EQUITY HOLDERS $77 MLN VS LOSS OF $72 MLN.QTRLY MOBILE BUSINESS REVENUE WAS US$1,646 MLN DECREASING 6 PERCENT YEAR-ON-YEAR.  Full Article

Compal's Unit Billion Sea To Sell Stake In LC Future Center To A Company Requested By Lenovo
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Compal Electronics Inc <2324.TW>::SAYS UNIT BILLION SEA TO SELL 49 PERCENT STAKE IN LC FUTURE CENTER FOR $257.4 MILLION TO HEFEI ZHI JU SHENG BAO EQUITY INVESTMENT.SAYS HEFEI ZHI JU SHENG BAO EQUITY INVESTMENT IS A COMPANY REQUESTED BY LENOVO GROUP.  Full Article

We.Connect Signs Distribution Agreement With Lenovo
Wednesday, 20 Jun 2018 

June 20 (Reuters) - WE. CONNECT SA ::MAJOR DISTRIBUTION AGREEMENT WITH LENOVO BRAND.PARTNERSHIP WITH LENOVO FOR MARKETING OF ITS COMPUTER AND PERI-COMPUTING PRODUCTS IN FRANCE.  Full Article

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Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.