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18.06.26 - 09:30
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Lenovo targets US$2 billion bond to repurchase debt amid robust AI infrastructure growth (SCMP)
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Lenovo Group, the world's largest personal-computer (PC) maker, plans to raise US$2 billion through a convertible-bond offering, with the proceeds earmarked to repurchase existing debt and buy back shares.
The Hong Kong-listed company's proposed zero-coupon convertible bonds will mature in 2033 and can be exchanged for 426.9 million shares at an initial conversion price of HK$36.70, or US$4.68 a share, according to a Hong Kong stock exchange filing on Thursday.
“Lenovo's convertible bond......
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17.06.26 - 02:48
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Huawei raises end-consumer product prices from July (Digitimes)
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Huawei has notified partners and channel distributors that it will raise end-customer prices across its Intelligent Collaboration product line from July 1 this year, as the AI computing buildout tightens chip and component supply across the global semiconductor chain. The move follows Lenovo's earlier price increase and underscores mounting cost pressure on enterprise devices....
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16.06.26 - 10:45
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H Shrs: HSI Closes Down 348 pts; LENOVO GROUP Rallies 4%+ Against Mkt (AAStocks)
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The HSI finished at 24,493, down 348 pts or 1.4%. Full-day turnover amounted to HKD249.885 billion. The HSTECH closed at 4,658, down 106 pts or 2%. The HSCEI ended at 8,240, down 135 pts or 1.62%.Major techs were subdued. TENCENT (00700.HK) slipped 2.65%; BABA-W (09988.HK) declined 2.1%; MEITUAN-W (03690.HK), KUAISHOU-W (01024.H......
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15.06.26 - 10:30
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Full-day Takeaway: HSI Closes at 24,842, Up 124 pts; HSTI Closes at 4,765, Up 60 pts; LENOVO GROUP Up over 9%; KB LAMINATES Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 124 pts or 0.5% to 24,842. HSTI rose 60 pts or 1.3% to 4,765. HSCEI gained 1 pts or 0.0% to 8,375. Market turnover reached $283.35 billion.Active Heavyweights:PING AN (02318.HK) closed at $57.7, up 1%TENCENT (00700.HK) closed at $459.6, down 0.9%BABA (09988.HK) closed at $109.3, down 0.8%HSI & HSCEI Constituen......
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15.06.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 24,829, Up 111 pts; HSTI Closes Midday at 4,748, Up 42 pts; LENOVO GROUP Up over 9%; BANK OF CHINA, KB LAMINATES Hit New Highs (AAStocks)
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At midday close, HSI rose 111 pts or 0.5% to 24,829. HSTI rose 42 pts or 0.9% to 4,748. HSCEI gained 7 pts or 0.1% to 8,381.Active Heavyweights:PING AN (02318.HK) closed at $57.95, up 1.4%BABA (09988.HK) closed at $109, down 1.1%TENCENT (00700.HK) closed at $460.6, down 0.6%XIAOMI (01810.HK) closed at $26.32, up 0.5%HSI & HSCEI ......
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12.06.26 - 10:30
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CAICT Joins eSurfing Cloud, Alibaba Cloud, Other Firms to Launch Token Cloud Service Quality and Empowerment Evaluation Initiative (AAStocks)
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The China Academy of Information and Communications Technology (CAICT) announced that it organized a seminar on Wednesday (10th) under the theme of "Trusted Token Cloud Services". During the event, CAICT, together with eSurfing Cloud, Alibaba Cloud, Huawei Cloud, JD Cloud, LENOVO GROUP (00992.HK), and StepFun, among mo......
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