Hong Kong Stock Market Pulse | Lenovo Shares Surge Over 4% as CFO Projects Long-Term Net Margin of 5%-8%, Calling Current Valuation 'Severely Underpriced'

Stock News09-16 11:24

Lenovo Group (00992) saw its share price climb more than 4% during trading, last up 4.04% at HK$32.46, with turnover reaching HK$887 million.

At the "AI Investment Summit" held on September 16, Lenovo Group's Senior Vice President and CFO, Zheng Xiaoming, addressed questions regarding the company's net profit targets and comparisons to Dell Technologies. He noted that Lenovo's profit margin expansion has been relatively rapid, and despite industry competition, the company intends to balance growth and profitability moving forward. Over the long term, he expects net profit margins to reach 5%-8%, matching Dell's level.

"Our current market cap is just one-seventh of Dell's, but given our scale and net profit figures, we are clearly undervalued by the market," Zheng stated. Lenovo's recently released first-quarter results showed quarterly revenue up 43% year-on-year to US$26.9 billion, a record high for a single quarter. Adjusted profit attributable to equity holders rose 176% year-on-year to US$1.075 billion, while the adjusted net profit margin stood at 4%.

The company's AI business is growing rapidly with a robust order pipeline. Its AI server backlog has surged from RMB 140 billion in the previous fiscal quarter to RMB 360 billion. AI-related business revenue jumped 60% year-on-year to RMB 63.4 billion, also setting a new historical record.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1163508520?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-16 11:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1163508520","market":"sg","top_or_hot":-1,"title":"Hong Kong Stock Market Pulse | Lenovo Shares Surge Over 4% as CFO Projects Long-Term Net Margin of 5%-8%, Calling Current Valuation 'Severely Underpriced'","media":"Stock News","content":"<p><b>Lenovo Group (00992)</b> saw its share price climb more than 4% during trading, last up 4.04% at HK$32.46, with turnover reaching HK$887 million.<br><br>At the \"AI Investment Summit\" held on September 16, <b>Lenovo Group</b>'s Senior Vice President and CFO, Zheng Xiaoming, addressed questions regarding the company's net profit targets and comparisons to Dell Technologies. He noted that Lenovo's profit margin expansion has been relatively rapid, and despite industry competition, the company intends to balance growth and profitability moving forward. Over the long term, he expects net profit margins to reach 5%-8%, matching Dell's level.<br><br>\"Our current market cap is just one-seventh of Dell's, but given our scale and net profit figures, we are clearly undervalued by the market,\" Zheng stated. Lenovo's recently released first-quarter results showed quarterly revenue up 43% year-on-year to US$26.9 billion, a record high for a single quarter. Adjusted profit attributable to equity holders rose 176% year-on-year to US$1.075 billion, while the adjusted net profit margin stood at 4%.<br><br>The company's AI business is growing rapidly with a robust order pipeline. Its AI server backlog has surged from RMB 140 billion in the previous fiscal quarter to RMB 360 billion. AI-related business revenue jumped 60% year-on-year to RMB 63.4 billion, also setting a new historical record.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stock Market Pulse | Lenovo Shares Surge Over 4% as CFO Projects Long-Term Net Margin of 5%-8%, Calling Current Valuation 'Severely Underpriced'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stock Market Pulse | Lenovo Shares Surge Over 4% as CFO Projects Long-Term Net Margin of 5%-8%, Calling Current Valuation 'Severely Underpriced'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-16 11:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Lenovo Group (00992)</b> saw its share price climb more than 4% during trading, last up 4.04% at HK$32.46, with turnover reaching HK$887 million.<br><br>At the \"AI Investment Summit\" held on September 16, <b>Lenovo Group</b>'s Senior Vice President and CFO, Zheng Xiaoming, addressed questions regarding the company's net profit targets and comparisons to Dell Technologies. He noted that Lenovo's profit margin expansion has been relatively rapid, and despite industry competition, the company intends to balance growth and profitability moving forward. Over the long term, he expects net profit margins to reach 5%-8%, matching Dell's level.<br><br>\"Our current market cap is just one-seventh of Dell's, but given our scale and net profit figures, we are clearly undervalued by the market,\" Zheng stated. Lenovo's recently released first-quarter results showed quarterly revenue up 43% year-on-year to US$26.9 billion, a record high for a single quarter. Adjusted profit attributable to equity holders rose 176% year-on-year to US$1.075 billion, while the adjusted net profit margin stood at 4%.<br><br>The company's AI business is growing rapidly with a robust order pipeline. Its AI server backlog has surged from RMB 140 billion in the previous fiscal quarter to RMB 360 billion. AI-related business revenue jumped 60% year-on-year to RMB 63.4 billion, also setting a new historical record.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0032431581.USD","symbol_name":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"","article_id":"1163508520","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163508520","pubTimestamp":1789529058,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Lenovo Group (00992) saw its share price climb more than 4% during trading, last up 4.04% at HK$32.46, with turnover reaching HK$887 million.At the \"AI Investment Summit\" held on September 16, Lenovo...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80992":"联想集团-R","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","IE0003895053.USD":"PINEBRIDGE ASIA DYNAMIC ASSET ALLOCATION \"AD\" USD  ACC","BK4585":"ETF&股票定投概念","LU1366334651.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"I\" (USD) INC","LNVGY":"联想集团ADR","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0862451753.SGD":"JPMorgan Funds - Emerging Markets Dividend A (mth) SGD","TCHI":"iShares MSCI China Multisector Tech ETF","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","00992":"联想集团","LU1366334578.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"A\" (USD) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU0890818403.SGD":"JPMorgan Funds - Emerging Markets Dividend A (mth) SGD-H","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU0791591158.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"I\" (USD) ACC","LU0791590937.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"A\" (USD)","LU1235295612.USD":"FIDELITY PACIFIC \"A\" (USDHDG) INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0972618739.USD":"JPM TOTAL EMERGING MARKETS  \"A\" (USD) INC (M)","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","LU1785774172.SGD":"JPM TOTAL EMERGING MARKETS INCOME \"A\" (SGD) INC","BK1193":"电脑硬件、储存设备及电脑周边","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","BK4588":"碎股","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0862451837.USD":"JPM EMERGING MARKETS DIVIDEND \"A\" (USD) INC (M)","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","VXUS":"国际股票ETF-Vanguard","BK1526":"科网股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0048580855.USD":"富达大中华区A","LU0049112450.USD":"FIDELITY PACIFIC \"A\" INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","BK1607":"新IT概念","KCAI":"KraneShares China Alpha Index ETF","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD"},"translate_title":"港股脉搏|联想股价飙升逾4%，首席财务官预计长期净利润率为5%-8%，称当前估值“严重低估”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80992":1,"00992":1,"TCHI":1,"KCAI":1,"ZNmain":1,"VXUS":1,"UBmain":1,"ZFmain":1,"ZTmain":1,"ZBmain":1,"TNmain":1,"LNVGY":1},"content_text":"Lenovo Group (00992) saw its share price climb more than 4% during trading, last up 4.04% at HK$32.46, with turnover reaching HK$887 million.At the \"AI Investment Summit\" held on September 16, Lenovo Group's Senior Vice President and CFO, Zheng Xiaoming, addressed questions regarding the company's net profit targets and comparisons to Dell Technologies. He noted that Lenovo's profit margin expansion has been relatively rapid, and despite industry competition, the company intends to balance growth and profitability moving forward. Over the long term, he expects net profit margins to reach 5%-8%, matching Dell's level.\"Our current market cap is just one-seventh of Dell's, but given our scale and net profit figures, we are clearly undervalued by the market,\" Zheng stated. Lenovo's recently released first-quarter results showed quarterly revenue up 43% year-on-year to US$26.9 billion, a record high for a single quarter. Adjusted profit attributable to equity holders rose 176% year-on-year to US$1.075 billion, while the adjusted net profit margin stood at 4%.The company's AI business is growing rapidly with a robust order pipeline. Its AI server backlog has surged from RMB 140 billion in the previous fiscal quarter to RMB 360 billion. AI-related business revenue jumped 60% year-on-year to RMB 63.4 billion, also setting a new historical record.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.0","shortVersion":"4.50.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1163508520","isCrawlerRequest":true}