HK Stock Market Move | LENOVO GROUP (00992) rose over 6%. The profit margin central tendency of the ISG segment may still have clear upward potential.

LENOVO GROUP (00992) rose over 6%, as of the time of publication, it increased by 5.87% to HKD 26.28, with a transaction volume of HKD 2.927 billion. In terms of news, LENOVO GROUP will review and approve the group's unaudited financial performance for the three months ending June 30, 2026, on August 13. According to estimates from J.P. Morgan, Lenovo's AI-related revenue accounted for over 30% of ISG revenue for the first fiscal quarter ending in June, and it is expected that the full-year ISG revenue will grow by approximately 60% year-on-year, while ISG's operating profit margin is projected to increase from 0.4% in fiscal year 2026 to 5% in fiscal year 2027. Changjiang pointed out that looking ahead, with the simultaneous rollout of AI servers and traditional general-purpose servers, and the acquisition of Infinidat addressing the shortcomings in the high-end enterprise storage sector, combined with the SSG business continuing to bind government and enterprise projects and expand managed value-added services, the firm believes there remains clear upward space for the profit margin center of the ISG segment.