[I-bank focus]Macquarie ups Lenovo Group (00992) to HK$10

    Macquarie raised its target price for Lenovo Group (00992) to HK$10, and maintained its "outperform" call.
  The research house spent a week on the road with Lenovo management and came away more
confident on the company's top-line growth and margin expansion potential over the medium term.
  Despite continued weakness in the PC market, Macquarie believes Lenovo's mobile business will see significant growth in 2013 as the company makes a major push into mobile devices with tablets for the China and mature markets, as well as continued rollout of smart phones in emerging markets.