[[ data.name ]]
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About
History
Competitors
About
History
Competitors
Lenovo Group is a global technology company that designs, develops and manufactures a wide range of products for consumers and businesses. It is best known for its personal computers and also makes smartphones (including the Motorola brand), tablets, servers and other smart devices.
The company was founded in Beijing in 1984 by Liu Chuanzhi and a group of ten engineers. It started out distributing computers under the name "Legend" and adopted the Lenovo brand in 2003. In 2005, Lenovo completed its acquisition of IBM's personal computer business, which greatly expanded its global presence. Lenovo has been listed on the Hong Kong Stock Exchange since 1994 and trades under the ticker 0992.HK.
Today, Lenovo is one of the world's largest PC makers, offering laptops, desktops, tablets and accessories that serve the changing needs of consumers and businesses.
Like many shares, Lenovo's stock fell sharply in March 2020 as concerns about the COVID-19 pandemic hit global markets. The share price later recovered and has since reached record highs, supported by demand for AI-enabled PCs and servers.
One trading strategy traders could use with this stock is day trading, which means buying and selling shares within the same trading day to take advantage of short-term price moves. Other strategies include scalping, swing trading, copy trading and position trading. When analysing the stock, traders can also use tools and indicators such as candlestick patterns, which can help identify possible changes in price trends.
When trading Lenovo shares, it can help to look at its industry, trends and market position compared with its competitors. These include:
- HP Inc. (HPQ.US): an American technology company that makes personal computers, printers and related products. It traces its history back to Hewlett-Packard, founded in 1939, and has operated as HP Inc. since the company split in 2015.
- Apple (AAPL.US): a global technology company that designs and sells consumer electronics, software and online services. Founded in 1976, it is known for devices such as the iPhone, iPad, Mac and Apple Watch.
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* The spreads provided are a reflection of the time-weighted average. Though TradingMoon attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. TradingMoon has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
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Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
Equities
Capitalise on rising prices (go long)
Capitalise on falling prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
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Manage risk with in-platform tools
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