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Lenovo HK Shares Surge 20% After Q1 Profit Jumps 176% on AI Growth
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News EditorLenovo Group's Hong Kong-listed shares climbed more than 20% in afternoon trading on Aug 13, according to Bitget market data. The move followed the company's midday earnings release, which showed adjusted profit attributable to equity holders up 176% year-on-year in its fiscal first quarter, with AI-related revenue rising 60% to RMB 63.4 billion — a record high.
Lenovo Group's Hong Kong-listed shares climbed more than 20% in afternoon trading on Aug 13, according to Bitget market data.
The move came after the company released its earnings at midday. Adjusted profit attributable to equity holders rose 176% year-on-year in the fiscal first quarter. AI-related revenue grew 60% year-on-year to RMB 63.4 billion, hitting a record high.
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