U.S.-based financial holding company JPMorgan Chase & Co has again assigned a rating of "sell" for H shares of Lenovo<0992><LNVGY>, and has set the target price at HK$3.4 per share, sources reported. JPMorgan said in a statement that the company's earnings in the third quarter this year was lower than...
Lenovo Group Ltd<0992>, the world's fourth-largest PC manufacturer, Monday made a joint announcement with Kingdee International Software Group Co<0268> to promote latter's software-as-a-service distribution model.Lenovo's Yangtian desktops will offer access to Kingdee software, enabling...
Texas Pacific Group Inc, General Atlantic LLC and Newbridge Capital LLC sold 291.5 million shares of Lenovo Group Ltd<0992><LNVGY> in total on Wednesday for about HK$1.03 billion, sources reported. The average transaction price was HK$3.55, according to the filling with the Hong Kong Stock Exchange....
HONG KONG, Sept 9 - Hong Kong shares dropped 1 percent on Wednesday, snapping a four-session rally amid concerns recent sharp gains were overdone, while Alibaba and Lenovo Group were sold down after share placements....
Lenovo Group Ltd<0992><LNVGY>, the world's fourth-largest PC manufacturer, plans to buy US$2.7 billion worth of products from Taiwan in order to ensure the supply of key PC components in the peak season, sources reported.Lenovo joined a delegation with other mainland enterprises, including Konka...
By Zhang Nan The State-owned Chinese Academy of Sciences (CAS) Holdings has announced it is putting up 29 percent of its shares of Lenovo Holdings for sale on the China Beijing Equity Exchange. The stocks are worth 2.75 billion yuan ($402.64 million). Lenovo Holdings, the parent company of PC ma...
Lenovo Group, the world's fourth-largest personal computer manufacturer, reported a $16.01 million net loss in the first quarter of 2009, the third consecutive quarterly loss, according to the company's 2009 Q1 fiscal report released Thursday. The operating income was $3.46 billion, a decline of...
Lenovo Group Ltd<0992><LNVGY>, the world's fourth-largest PC manufacturer, on Thursday posted a net loss of US$16.01 million in the April-June quarter, representing a decrease of US$127 million compared with the firm recorded in the corresponding period of 2008.Loss per share was 0.18 US cent during the...
Lenovo Group Ltd<0992>, the world's fourth-largest PC manufacturer, on Tuesday made a joint announcement with Suning Appliance Co Ltd<002024> that the two companies have inked a direct supply agreement.It is estimated that the contract value for the next fiscal year could hit RMB 1.5 billion and the...
Lenovo Group Ltd<0992>, the world's fourth-largest PC manufacturer, sold 48,374 PCs in the first six months of this year under China's home appliance subsidy program for rural residents, according to statistics released by the Ministry of Commerce.During the period, ShenZhen Haier Information...