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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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