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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.36HKD
21 Sep 2018
Change (% chg)

HK$0.11 (+2.10%)
Prev Close
HK$5.25
Open
HK$5.28
Day's High
HK$5.45
Day's Low
HK$5.25
Volume
75,917,827
Avg. Vol
55,053,606
52-wk High
HK$5.46
52-wk Low
HK$3.53

Latest Key Developments (Source: Significant Developments)

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

U.S. CPSC Says Lenovo Recalls 78,000 Thinkpad Laptops
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - U.S. Consumer Product Safety Commission::U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS LENOVO RECALLS THINKPAD LAPTOPS DUE TO FIRE HAZARD​.‍U.S. CPSC SAYS ABOUT 78,000 UNITS INVOLVED IN RECALL OF LENOVO THINKPAD LAPTOPS.  Full Article

Lenovo Updates On Impact of U.S. Tax Cuts On Assets
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Lenovo Group Ltd <0992.HK>::LENOVO - EXPECTS TO MAKE A ONE-OFF CHARGE IN RESPECT OF ITS DEFERRED TAX ASSETS IN SUM OF APPROXIMATELY US$400 MILLION TO BE INCLUDED IN 9-MONTH RESULTS.DOES NOT EXPECT SUCH ADJUSTMENT TO HAVE ANY MATERIAL EFFECT ON ITS OPERATION OR CASH FLOW POSITION..UPDATES ON IMPACT OF RE-MEASUREMENT OF U.S. DEFERRED TAX ASSETS AS RESULT OF ENACTED U.S. TAX REFORM LEGISLATION, TAX CUTS AND JOBS ACT.‍NOTES THAT ACT ALSO REDUCES STATUTORY RATE OF U.S. CORPORATE INCOME TAX.BOARD BELIEVES THAT SUCH REDUCTION WILL POSITIVELY IMPACT FUTURE EARNINGS OF CO'S US OPERATIONS IN LONG TERM.  Full Article

Rpt-U.S. Ftc Says It Gives Final Approval To Lenovo Settlement
Tuesday, 2 Jan 2018 

Lenovo Group Ltd <0992.HK>::U.S. FTC SAYS IT GIVES FINAL APPROVAL TO LENOVO SETTLEMENT.  Full Article

Compal says no share investment plans with Lenovo
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Compal Electronics Inc <2324.TW>::SAYS IT DOES NOT HAVE ANY SHARE INVESTMENT PLANS WITH LENOVO.SAYS IT HOPES THE MEDIA AND THE PUBLIC DO NOT SPECULATE AND MAKE CAUTIOUS JUDGEMENT FOR UNVERIFIED MARKET RUMORS.  Full Article

Taiwan's Compal clarifies media reports on Lenovo eyeing stake in the company
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Compal Electronics Inc <2324.TW>::SAYS MEDIA REPORTS ON LENOVO INTENDS TO ACQUIRE 20 PERCENT SHARES OF COMPAL IS NOT IN LINE WITH THE FACTS - CLARIFYING MEDIA REPORTS.  Full Article

Lenovo Group To ‍Dispose Equity Interest In A Subsidiary​
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Lenovo Group Ltd <0992.HK>::TO ‍DISPOSE EQUITY INTEREST IN A SUBSIDIARY​.TOTAL CONSIDERATION INVOLVED UNDER AGREEMENT IS ABOUT RMB1,240 MILLION​.MOTOROLA (BEIJING) MOBILITY TECHNOLOGIES TO DISPOSE LENOVO MOBILE COMMUNICATION SOFTWARE (WUHAN) TO CDBC NEW TOWN (BEIJING) ASSET MANAGEMENT​.  Full Article

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Lenovo swings to forecast-beating first-quarter profit; PC revenue jumps

HONG KONG Chinese PC maker Lenovo Group swung to a profit and beat estimates in the first quarter on Thursday, helped by a sharp jump in revenue.