** Shares of Geely Automobile 0175.HK surge 8.4% to HK$19.88, their highest point since October 21

** Stock on track for the biggest one-day pct rise since October 2024, if gains hold

** Co the second biggest pct gainer in benchmark Hang Seng Index .HIS, which slips 0.6%

** Geely says its sales volume up 39% y/y in 2025, revenue up 25%

** Co targeting 640,000 overseas car sales in 2026, 50% more than last year

** Citi, with "buy" rating, raises PT to HK$26 from HK$25, expecting Geely's retail sales to rise 20%-30% m/m in March and April, given order recovery on sales seasonality, among others

** Morningstar says Geely shares are undervalued

** "Geely remains our top pick in China's auto sector, given further growth upside from two electric vehicle brands, Zeekr and Galaxy, and potential opportunities in export markets" - Morningstar

** YTD, Geely stock up 9.6%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))