On July 15, Lenovo Group rose 4.92% in regular trading, trading at 24.14 HKD/share, with turnover of 248 million HKD. The stock rebounded sharply after accumulating over 8% in losses across the prior two trading sessions.

On the news front, multiple AI industry chain companies issued positive profit alerts for the first half of the year, reinforcing confidence in AI infrastructure demand sustainability. Industrial Fulian projected H1 net profit of 23.4-24.4 billion yuan, up 93%-101% year-over-year, with AI server revenue surging over 230%. This strengthened market expectations ahead of Lenovo's Q1 FY2026/27 results scheduled for August 13.

Several international investment banks recently raised Lenovo's target price to 30-36 HKD, citing AI server backlog exceeding $21 billion and ISG segment profitability improvement. Morgan Stanley upgraded to Overweight with a target of 30 HKD, while CICC raised its target 50% to 30 HKD. The prior sessions' heavy block selling had created oversold technical conditions, providing the basis for today's recovery.

(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.)