GEELY AUTO (00175) has risen more than 5% again, bringing its cumulative gain for the month to nearly 20%. At the time of writing, the stock was up 5.07% to HK$19.27, with a turnover of HK$652 million. The recent surge follows the technology launch event held by the ZEEKR brand in Shanghai, which officially opened pre-orders for the new ZEEKR 8X model. The market response has been highly positive, with orders exceeding 10,000 units within just 38 minutes of the pre-sale launch and surpassing 30,000 units in less than 48 hours. Analysts at Bank of Communications International believe that GEELY AUTO has entered a clearer upward phase, characterized by rapid sales growth, improved profitability in the new energy segment, and premiumization beginning to boost gross margins. The benefits of integration and synergy in areas such as cost and efficiency are expected to become more apparent by 2026. The consolidation of Lynk & Co and ZEEKR, along with unified back-end systems and coordinated procurement and manufacturing, have not yet been fully reflected in the financial statements, indicating further potential for performance improvement in the future.