On September 9, LENOVO GROUP rose 4.08% in regular trading, trading at HK$31.56 per share with turnover of HK$419 million, rebounding after a sharp decline of over 6% in the prior session.

On the news front, the company announced that the conversion period for its 2.50% convertible bonds due 2029, with an initial principal of US$675 million, officially ended on September 7. Approximately 49.28% of the initial principal has been converted into shares, while the remaining approximately US$117 million in principal will be fully redeemed at par plus accrued interest on September 16. The closure of the conversion window eliminates uncertainty over further share dilution, effectively clearing the overhang of potential selling pressure that had weighed on the stock in recent weeks.

Additionally, options market positioning on the prior trading day indicated that the prevailing flow was oriented toward betting on a post-selloff rebound rather than further downside, suggesting sentiment had already begun to stabilize before the formal window closure.

(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.)