On July 10, Lenovo Group rose 6.57% in regular trading, trading at 26.12 HKD/share, with turnover of 622 million HKD, extending its consecutive rally in recent sessions.

On the news front, multiple investment banks have recently raised their target prices in quick succession. Nomura significantly raised its target to 35 HKD, CICC raised its target by 50% to 30 HKD, and Huatai maintained a buy rating with a 32 HKD target — all substantially above the current share price. The upgrades follow Lenovo's US Investor Day in New York, where management systematically outlined its Hybrid AI strategy and profitability improvement path.

CICC noted that Lenovo's ISG segment profitability has improved markedly, with AI server potential orders reaching $21 billion, suggesting the market may re-rate the company's server asset value. Based on 18x forward P/E for fiscal year 2027, CICC arrived at its 30 HKD target. Additionally, BlackRock increased its holdings by approximately 21.3 million shares in late June, further bolstering 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.)