LENOVO GROUP (00992.HK) Buy:$10.2; Target:$12; Stop:$9.5 - Matthew Kwok - AASTOCKS.com - News
LENOVO GROUP (00992.HK) Buy:$10.2; Target:$12; Stop:$9.5 - Matthew Kwok

..PC-Markt erholt sich weltweit!
..Lenovo: PC-Versand in Q2 um 10,5% erhöht!
..Lenovo: Marktanteil von 17,7% auf 19,6% erhöht!

LENOVO GROUP (00992.HK) Buy:$10.2; Target:$12; Stop:$9.5 - Matthew Kwok
2014-07-11 09:36:28


Matthew Kwok, chief strategist at China Yinsheng Securities, cited the market report by IDC that the global sales of PC had dropped 1.7% to 74.4 million units in the last quarter. The sales of PC in the US jumped 6.9% yearly over the period, coupled with the stronger demands in Europe and Canada, impacts of the downturn in Asian markets were compensated. LENOVO GROUP, HP and Dell occupy the largest proportion of market share in the PC market. PC shipment of LENOVO GROUP increased 10.5% in the second quarter, topping its peers. Its market share also further climbed from 17.7% to 19.6%. Statistics showed that the global PC market is recovering, which will consolidate the position of LENOVO GROUP as a market leader. Kwok was optimistic about the business outlook of the company.

(By an SFC licensee who does not hold the above-mentioned share)

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