Movement Alert|LEGENDHOLDING Rises 5.01% in Regular Trading, Core Asset Lenovo Groups x86 Server Shipments Rank Global No.1 as CFO Flags Undervaluation

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On September 16, LEGENDHOLDING rose 5.01% in regular trading, trading at 19.52 HKD/share, with turnover of 119 million HKD.

On the news front, IDC released Q2 global server market data showing that core asset Lenovo Group's x86 server shipments reached 286,000 units, up 45.6% year-over-year, climbing to the global No.1 position for the first time. Revenue from the segment reached USD 8.26 billion, surging 96% year-over-year. On the same day, Lenovo Group's CFO stated at an AI investment summit that Lenovo's valuation is severely underestimated by the market, currently standing at only one-seventh of Dell's.

Fundamentally, LEGENDHOLDING reported H1 net profit attributable to equity holders of 2.23 billion yuan, up 219% year-over-year, driven by a turnaround in the industrial incubation and investment segment as the capital market recovered. Adjusted attributable net profit surged 834% to 5.812 billion yuan. Infrastructure solutions revenue reached 96.7 billion yuan, up 62%, with AI server order backlog reaching USD 54 billion at Q2-end. Notably, Lenovo Group rose 7.18% on the same day, reflecting significant sector linkage.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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