News and Resources
Moody's upgrades Lenovo to Baa2; outlook stable
Moody’s has upgraded the issuer rating and senior unsecured rating of Lenovo Group (HKSE: 992) (ADR: LNVGY) to Baa2 with a stable outlook, from Baa3 with a positive outlook to reflect improved credit profile in terms of leverage, driven by debt reduction and a higher level of EBITDA.
Lenovo delivers record quarter with net income grew over 50% for the 6th consecutive quarter
Lenovo announced record Q3 announced record quarterly results for the Group, with historic highs for both profit and revenue and the Group’s first US$20 billion quarter.
Lenovo selected as a Constituent Stock of the Hang Seng Index
Lenovo will be included as a constituent stock on the Hang Seng Index – Hong Kong’s benchmark stock gauge, effective March 7th 2022.
Lenovo Climbs the List of Fortune’s 2022 World’s Most Admired Companies
Fortune magazine published its annual list of the World’s Most Admired Companies, with Lenovo ranked at fifth, climbing from tenth position, for companies in the broad computing industry category.