On July 8, Legend Holdings rose 5.27% in regular trading, trading at HK$13.36/share, with turnover of HK$22.42 million.

On the news front, on July 6, the Chinese Information Processing Society of China led the establishment of an Industry-University-Research Innovation Ecosystem Working Committee, co-initiated by Legend Holdings and the Institute of Software at the Chinese Academy of Sciences. Legend Holdings CEO Yu Hao was appointed as the inaugural committee director. The committee aims to bridge the conversion chain from academic achievements to industrial momentum in the Chinese information processing field.

Additionally, Citi recently raised its target price for Legend Holdings from HK$16 to HK$17, maintaining a Buy rating. The bank noted that the current share price still reflects approximately 78% discount to its estimated net asset value per share. Citi also significantly raised growth expectations for subsidiary Lenovo Group's server business, contributing to warmer market sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)