On July 3, Geely Automobile rose 3.23% in regular trading, trading at HKD 17.98 per share, with turnover of HKD 184 million.

On the news front, the company recently disclosed June sales data showing total vehicle sales of 240,799 units, up 2% year-over-year. Notably, overseas exports reached 102,874 units, surging 157% year-over-year and breaking the 100,000-unit threshold for the first time. First-half cumulative sales exceeded 1.42 million units, a record high for the period. At the industry level, data from the European Automobile Manufacturers Association showed that Chinese passenger vehicles surpassed Japanese brands in European market share for the first time in May, with five Chinese automakers including Geely recording a combined 65% year-over-year sales increase in the region.

Multiple brokerages maintain bullish coverage on the stock, with target prices ranging from HKD 27 to HKD 36, citing overseas expansion as a core growth driver through 2030.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)