OREANDA-NEWS. The Hang Seng Indexes Company today announced that Lenovo will be included as a constituent stock of its Hang Seng Index. This selection positions Lenovo among the “blue chip” companies listed on the Hong Kong Stock Exchange and represents significant market recognition of Lenovo’s leadership position in the global IT industry.

It is also significant because it broadens the group of shareholders that will consider owning Lenovo’s stock to include funds whose investments must mirror the Hang Seng Index or pension funds whose investment committees look for index inclusion as an investment criterion.  Finally it reflects recognition from a respected 3rd party of Lenovo’s strong, consistent financial performance, outstanding management and its strong future growth prospects.

Lenovo has reported its best quarter ever last week, in which it has continued to outgrow the market in all geographies with record sales, earnings and global PC market share. The company delivered another quarterly sales record of \\$9.4 billion, a 12 percent year-over-year increase, while it has been the fastest growing major PC company for 13 straight quarters.  

Lenovo has built momentum towards being the world’s leading PC maker while at the same time rapidly expanding its PC Plus footprint – including smartphones, tablets and smart TVs that will drive future growth.  At the same time, Lenovo was also recognized by IDC as the world’s third-largest maker of "smart connected devices," such as tablets, PCs and smartphones.  Last quarter, Lenovo’s Mobile Internet and Digital Home business contributed 11 percent of global revenue – a record high and strong indicator that the company is delivering strong growth in the PC Plus market.