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The Big Picture: MARKET JITTERS

...  the red. Lenovo (00992.HK) came under heavy selling pressure after announcing its purchase of Motorola Mobility from Google for US$2.91 billion. The counter slumped 16.4 percent, making it the worst- ...More

EJ Insight2014-02-05

HSI falls off saddle on first trading day of Year of the Horse

...  the red. Lenovo (00992.HK) came under heavy selling pressure after announcing its purchase of Motorola Mobility from Google for US$2.91 billion, a deal that drew bearish reaction from analysts. The c ...More

EJ Insight2014-02-04

Who is going to rule the brave new world?

Just before the Lunar New Year holidays, Lenovo Group Ltd. (00992.HK) spent a combined US$5.21 billion to buy the server business of International Business Machines Corp. (IBM) and Motorola Mobility's ...More

EJ Insight2014-02-04

Lenovo has larger gameplan in Motorola deal

Lenovo Group's (00992.HK) decision to buy Motorola Mobility from Google Inc. has received the cold shoulder from the market. Investors appear have some concerns about the US$2.9 billion deal, which is ...More

EJ Insight2014-02-04

Is Lenovo a threat to US national security?

... know why. Lenovo's (00992.HK) US$2.9 billion deal for Motorola Mobility last week and its US$2.3 billion agreement with IBM inked just days before will be closely scrutinized by a secretive US governm ...More

EJ Insight2014-02-04

East Capital spies nuggets on rocky share market road

... 30 -- and Lenovo Group Ltd. (00992.HK), which had 4.52 percent. Other favorites are medical device manufacturers and distributors such as Shandong Weigao Group Medical Polymer Co., Ltd. (001066.HK) an ...More

EJ Insight2014-01-29

HSI tumbles again but handset, internet plays defy trend

... 8 points. Lenovo Group (00992.HK) climbed 5.9 percent, the best performer among blue chips, while Tencent (00700.HK) rebounded 4 percent after losing 2.3 percent in the previous day. Handset makers Co ...More

EJ Insight2014-01-28

HSI dives over 2% after US selloff on Fed concerns

... 0.HK) and Lenovo Group (00992.HK) both gave up more than 5 percent, making them the worst performing blue chips of the day. Banks and insurers came under heavy selling pressure. HSBC (00005.HK) shed 2 ...More

EJ Insight2014-01-27

HSI hits four-month low as market sentiment turns sour

... 4 points. Lenovo (00992.HK) jumped over 9 percent at one point following news that it bought IBM Corp.’s server units for US$2.3 billion. The counter closed 1.2 percent higher, making it the best-perf ...More

EJ Insight2014-01-24

IBM-Lenovo deal likely to spark US security review, WSJ says

International Business Machines Corp. has agreed to sell its low-end server business to Chinese computer maker Lenovo Group Ltd. but the deal could spark a security review by the United States, the Wa ...More

EJ Insight2014-01-24

The Big Picture: LENOVO DEAL

Lenovo Group Ltd. (00992.HK) has agreed to acquire the low-end server business of International Business Machines Corp. (IBM) for US$2.3 billion, in what is said to be the largest-ever overseas tech a ...More

EJ Insight2014-01-24

Lenovo to acquire IBM server business at US$2.3 bln, filing says

Lenovo Group Ltd. (00992.HK) has proposed to acquire the x86 server hardware and related maintenance service business of International Business Machines Corp. (IBM) for US$2.3 billion, the company sai ...More

EJ Insight2014-01-23

Lenovo to buy IBM server unit for US$2.5 bln, Reuters says

Lenovo Group Ltd. (00992.HK) is near an agreement to buy International Business Machines Corp.'s (IBM) low-end server business for about US$2.5 billion as the world's biggest personal computer maker i ...More

EJ Insight2014-01-23

Lenovo resumes talks to buy IBM server unit, report says

China's Lenovo Group has resumed discussions to buy International Business Machines Corp's low-end server unit, Reuters reported Tuesday, citing a source familiar with the matter. The two companies ha ...More

EJ Insight2014-01-21

Shanghai index closes near six-month low, drags down HSI

... he trend, Lenovo Group (00992.HK) rose 1.4 percent after Morgan Stanley raised its target price and maintained an “overweight” rating on the stock; it was the day's best-performing blue chip. China le ...More

EJ Insight2014-01-20

Heavyweights Galaxy Entertainment, Tencent power HSI higher

... ter maker Lenovo lost 4 percent after two days of gains. Chinese lenders came under selling pressure, led by Industrial and Commercial Bank of China (01398.HK) and China Construction Bank (00939.HK) w ...More

EJ Insight2014-01-17

Tech plays surge as Lenovo surpasses Apple in PC sales

... 3 points. Lenovo Group (00992.HK) continued its winning streak on news that it dethroned Apple as the world's No. 1 in personal computer sales for the very first time, according to research institute ...More

EJ Insight2014-01-16

Field day as mobile gaming, lottery plays fly

... 3 points. Lenovo Group (00992.HK) jumped 5.5 percent, the day's best performer among blue chips. Coolpad (02369.HK) surged 14.2 percent while SIM Technology Group (02000.HK), TCL Communication Technol ...More

EJ Insight2014-01-15

HSI directionless but handset and solar plays shine

... gain with Lenovo (00992.HK) climbing 3.8 percent to make it the day's best-performing blue chip. Coolpad Group (02369.HK) jumped 5.5 percent, TCL Communication Technology (02618.HK) was up 1.2 percent ...More

EJ Insight2014-01-13

Global PC shipments slump to 4-year low, paper says

...  quarter. Lenovo Group Ltd. (00992.HK) was the global PC market leader with a 17.1 percent market share in the quarter, followed by Hewlett-Packard Co. with 16.6 percent and Dell Inc. on 12 percent, t ...More

EJ Insight2014-01-13

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