BUZZ-China's Lenovo climbs most in six weeks as quarterly revenue beats estimate

Reuters2025-11-20
BUZZ-China's Lenovo climbs most in six weeks as quarterly revenue beats estimate

** Shares of China's Lenovo Group 0992.HK climb 3.2% to HK$9.94, their biggest intraday pct gain since October 9

** Stock on track to snap four consecutive sessions of gains, and is second-biggest pct gainer in the Hang Seng Tech Index .HSTECH, which is up 0.4%

** Lenovo, the world's largest personal computer maker, posted revenue of $20.5 billion for the three-month period ended September 30, slightly ahead of analysts' expectations of $20.3 billion

** Company reported a 5% y/y drop in second-quarter profit while its adjusted net profit attributable to shareholders grew 25%

** Key shareholder Legend Holdings 3396.HK gains 3.1% to HK$9.63, its biggest intraday pct rise since October 9

** YTD, Lenovo shares down 1.9%, while benchmark Hang Seng Index .HSI up 29.5%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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