🔴 Lenovo Group is trading 6% down today after bonds converted into 45.6178 million shares

Lenovo Group is trading at HK$30.54 (-5.62%) amid the conversion of US$48.711 million of 2029 convertible bonds into shares.

• The stock is 5.62% down from the September 7 close, based on the provided price context.
• The conversion involved 45.6178 million shares, representing approximately 0.36% of issued shares.
• Remaining bonds are scheduled for full redemption on September 16, 2026, adding uncertainty around share supply and capital structure.