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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.82HKD
18 Feb 2019
Change (% chg)

HK$0.09 (+1.57%)
Prev Close
HK$5.73
Open
HK$5.78
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HK$5.88
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HK$5.77
Volume
41,248,654
Avg. Vol
47,850,557
52-wk High
HK$6.03
52-wk Low
HK$3.53

Latest Key Developments (Source: Significant Developments)

Lenovo Group Updates On $675 Mln 3.375% Convertible Bonds Due 2024
Thursday, 24 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
Tuesday, 15 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
Thursday, 10 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

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