GO
| HSI1 | 25,116.85 | 0.00 | -- |
| HSCEI1 | 8,340.83 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
2026-08-14 17:47:57 Nomura issued a report on LENOVO GROUP (00992.HK), of which Infrastructure Solutions Group (ISG) delivered a strong operating margin that far exceeded expectations and could drive QoQ earnings improvement over the coming quarters. The broker maintained its Buy rating and raised the TP from HKD35 to HKD45. LENOVO GROUP recently reported strong results for its first fiscal quarter ended June, echoing Nomura's positive view on the company's server business since May 2026. The server business remains the key focus. ISG's operating margin reached 9.1%, exceeding Nomura's and market consensus expectations for an optimistic mid-single-digit level, on demand for general-purpose and AI servers. LENOVO GROUP was able to pass on higher costs to customers through higher selling prices and profitability. ~ AASTOCKS Financial News Website: www.aastocks.com | |