Lenovo on the rise

Shares in Lenovo Group Ltd, China's biggest personal-computer maker, rose the most in three weeks in Hong Kong trading yesterday after the company reported a 65-percent increase in first-quarter profit.

Lenovo gained 3.2 percent to close at HK$5.41 (69 US cents) on the city's stock exchange, the biggest increase since July 17. Profit in the three months ended June 30 climbed 65 percent to US$110.5 million, the Raleigh, North Carolina-based company said on Thursday.