HONG KONG – Shares of Chinese multinational computer technology firm Lenovo Group Limited (HKG:0992) declined 3.38 percent in today’s trading session at the Hong Kong stock exchange.
Lenovo Group Limited’s stock lost 0.23 today to trade at 6.57 at the close. The stock opened at 6.89 and rallied to hit a high of 6.90 until it plunged to 6.57 at the closing bell.
The stock has a one month high of 7.44 and a one month low of 6.140. It also has a 52-week high of 14.095 and a low of 6.020.
Last week, Beijing Digital Telecom (HKG:06188) announced that it entered into a new strategic cooperation deal with Lenovo Mobile Communication (Wuhan) Limited, a subsidiary wholly owned by the Lenovo Group for an annual sales of Rmb1 billion.
According to ET Net News Agency, Beijing Digital shall have priority in supplying Lenovo mobile phones through offline channels.
The parties will integrate resources and work closely together on both online and offline sales, value-added services and marketing, and are committed to providing consumers with convenient purchasing channels and after-sale services network. – BusinessNewsAsia.com