On September 18, LEGENDHOLDING rose 5.06% in regular trading, trading at 20.88 HKD/share, with turnover of approximately 76.13 million HKD.
On the news front, the rally was driven by a combination of strong first-half earnings and a landmark achievement by its core asset Lenovo Group in the global server market. LEGENDHOLDING reported H1 revenue of 362.935 billion yuan, up 29% year over year, with net profit attributable to equity holders surging 219% to 2.23 billion yuan. Excluding one-off items, adjusted attributable profit reached 5.812 billion yuan, representing an 834% year-over-year increase. The growth was primarily fueled by a turnaround in the industrial incubation and investment segment as capital markets recovered.
Meanwhile, Lenovo Group's Q2 x86 server shipments reached 286,000 units, up 45.6% year over year, claiming the global top spot for the first time. Infrastructure solutions revenue hit 96.7 billion yuan, up 62%, with AI server order backlog reaching 54 billion USD by quarter-end. Lenovo Group rose 3.03% on the same day, reinforcing the positive linkage effect across the sector.
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