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News 2026-10-07 12:01 UTC

Legend Holdings' Lenovo stake surges above $17 billion in AI boom

Reuters Breakingviews says Legend Holdings' 31% stake in Lenovo has more than tripled to $17 billion this year as the AI boom lifts the PC-and-server maker. The column says Legend trades at a large discount to net asset value and is exploring a sale of its 90% stake in Banque Internationale à Luxembourg.