On June 2, Legend Holdings rose 6.42% in regular trading, trading at HK$17.55/share, with trading volume of HK$103 million.

On the news front, the rally was primarily driven by NVIDIA's official launch of the N1X chip at Taipei Computex on June 1. Lenovo, as one of the first-launch platform partners, stands to benefit significantly. Lenovo ranks first globally in the Windows AI PC segment with a 31% market share, positioning it as one of the largest beneficiary PC manufacturers of the N1X chip. The new processor will be integrated into NVIDIA's RTX Spark superchip and debut with next-generation Windows PCs this autumn.

Additionally, Lenovo Group's strong annual results continue to provide upward momentum, with full-year revenue growing approximately 20.3% year-over-year and operating profit surging approximately 50.7% year-over-year. AI-related business revenue grew 105% year-over-year. Multiple international banks have raised target prices, with Goldman Sachs setting a HK$27 target, Macquarie raising its target 68% to HK$21.75, and Citi raising its target to HK$16 while maintaining a Buy rating.

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