Lenovo2026-08-13 05:03:18Lenovo HK Shares Jump 12% as AI Revenue Hits Record RMB 63.4 BillionLenovo Group's Hong Kong-listed shares jumped more than 12% in afternoon trading on Aug. 13, according to Bitget market data, after the company released fiscal first-quarter results at midday. Adjusted profit attributable to shareholders grew 176% year over year. Revenue from AI-related businesses rose 60% to RMB 63.4 billion, setting a record.1310
Lenovo Group2026-08-13 05:02:43Lenovo Shares Jump 12% After Q1 Profit Rises 176%; AI Revenue Hits RecordLenovo Group shares jumped more than 12% in afternoon trading after the company released its fiscal first-quarter results at midday. Adjusted profit attributable to equity holders rose 176% year over year. AI-related business revenue climbed 60% to RMB 63.4 billion, a record high, according to ChainCatcher. The midday earnings report was followed by a rapid, straight-line rally in the stock, with gains exceeding 12% in the afternoon session. The first-quarter adjusted profit figure reflected a 176% increase compared with the same period a year earlier. AI-related business revenue reached 63.4 billion yuan, setting a new record. The company published these figures during the midday break, and shares responded immediately. The adjusted earnings growth and the record AI revenue were the two headline numbers in the flash update. ChainCatcher carried the news as a 7x24 fast alert. Lenovo's AI-related business has now reached a new quarterly high. The stock's afternoon move came directly after the earnings announcement. The AI revenue number, at 63.4 billion yuan, was the largest on record for the company's AI operations. The profit increase of 176% was also reported in the earnings release.1240