Stock Track | GEELY AUTO Soars 5.13% Intraday on Strong ZEEKR 8X Pre-Orders and Analyst Growth Optimism

Stock Track

03/20

GEELY AUTO's stock price surged 5.13% during intraday trading on Friday, marking a significant upward movement for the automaker.

The sharp rise follows the highly positive market response to the new ZEEKR 8X model. Pre-orders for the vehicle exceeded 10,000 units within just 38 minutes of launch and surpassed 30,000 units in less than 48 hours, indicating robust consumer demand. Analysts at Bank of Communications International believe the company has entered a clearer growth phase, driven by rapid sales expansion, improved profitability in its new energy vehicle segment, and benefits from premiumization starting to enhance gross margins. Further integration synergies from the consolidation of brands like Lynk & Co and ZEEKR are expected to become more apparent, supporting future performance.

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