LENOVO GROUP(HK:00992) Zhi Tong Cai Jing·2025-09-13 06:52Group 1 - Lenovo Group's stock price has risen to HKD 11.83, with a weekly increase of nearly 10%, resulting in a total market capitalization of HKD 146.7 billion [1] - BlackRock increased its stake in Lenovo Group from 4.97% to 5.07% as of September 5, 2025, marking the second increase in a month, with a purchase of 2.99 million shares at an average price of HKD 10.9411 per share, valued at approximately HKD 32.71 million [1] Group 2 - Huatai Securities forecasts that Lenovo Group will continue to benefit from strong demand driven by AI in the second half of the year, maintaining a buy rating with a target price of HKD 16, corresponding to a 15x FY2026E PE [2] - Lenovo's global PC market share reached a record high of 24.6% in Q2 CY25, with expectations for continued expansion of market share [2] - The penetration rate of AI PCs has reached approximately 30%, with user engagement for AI applications at around 40%, indicating a strong growth potential for Lenovo's PC products [2] Group 3 - Guotai Junan noted that Lenovo has successfully captured growth opportunities in AI infrastructure due to its global positioning and dual-track strategy, with ISG business revenue increasing by 36% year-on-year in FY2026 Q1 and AI infrastructure revenue soaring by 155% [3] - Lenovo's leading position in the PC market is further solidified, with AI PC shipments accounting for over 30%, making it a leader in the global market [3] - Through precise market positioning and continuous innovation, Lenovo is steadily moving towards fully realizing the value of AI [3]