Changes in Hong Kong stocks | Lenovo Group (00992) rose more than 6%, and the ISG sector's profit margin center may still have clear upward room

The Zhitong Finance App learned that Lenovo Group (00992) rose more than 6%. As of press release, it had risen 5.87% to HK$26.28, with a turnover of HK$2,927 billion.

According to the news, Lenovo Group will review and approve the Group's unaudited financial results for the three months ended June 30, 2026 on August 13. According to J.P. Morgan's estimates, Lenovo's AI-related revenue for the first fiscal quarter ended at the end of June already accounted for more than 30% of ISG's revenue, and ISG's revenue for the full year is expected to increase by about 60% year-on-year. ISG's operating profit margin will increase from 0.4% in fiscal year 2026 to 5% in fiscal year 2027.

Changjiang Securities pointed out that looking ahead, along with the simultaneous deployment of AI servers and traditional general-purpose servers, the acquisition of Infinidat made up for the shortcomings of the high-end enterprise storage circuit, superimposed the SSG business to continue to bind government and enterprise projects and expand value-added hosting services. The bank determined that there is still clear room for upward growth in the ISG sector's profit margin center.