LENOVO GROUP-R

Lenovo Group closed 3.26% lower at HKD 18.41, driven by afternoon selling pressure. The morning session hit an intraday low of HKD 18.05 before rebounding to HKD 18.75 in the afternoon, only to retreat again, forming a pattern of dipping and then high-level consolidation. On the news front, the company showcased multiple AI achievements at the Saudi LEAP exhibition and held a groundbreaking ceremony for a new production base with Alat Einait, while Saudi Arabia announced a USD 14.9 billion investment in AI and cloud computing, supporting long-term overseas expansion. Morgan Stanley and JPMorgan recently raised target prices to HKD 14, but the current HKD 18.41 share price already exceeds that level. In earnings, Q4 2026 net profit surged 451.43% YoY to RMB 3.6 billion, with revenue up 20.97% YoY, yet the net profit margin remained thin at 2.41%. Price-wise, the stock has gained 116.08% YTD but sits 21.66% below its 52-week high of HKD 23.5 and has fallen below the 20-day moving average of HKD 20.33, indicating short-term technical pressure.

联想集团 (HK.80992) 今日港股冲高回落，最终收跌 4.57% 报 18.99 港元，主因受 NVIDIA H200 出口限制缓和等宏观科技情绪扰动，隔夜 NVDA 相关板块承压。早盘高开后快速探底，上午盘低见 19.02 港元，下午盘进一步滑落至日内最低 18.83 港元，虽尾盘小幅回升但仍收于 MA20(20.533 港元) 下方。基本面上，Q4 2026 净利润同比暴增 451% 且 EPS 达 0.28 元人民币，营收同比增长 21%，盈利能力大幅改善，不过 PE 达 17.81 倍、PB 为 4.46 倍已不低。年初至今该股仍累涨 123%，较 52 周高点 23.5 港元回调约 19%，获利盘压力或许是午后持续走弱的一大反向因素。