On July 7, Geely Automobile rose 3.06% in regular trading, trading at HKD 19.21/share, with turnover of HKD 753 million.

On the news front, Guohai Securities maintained a Buy rating on the same day, citing sustained high export growth. Previously, Citi added Geely to its Pan-Asia Focus List with a target price of HKD 30, highlighting breakthrough sales at its premium brand ZEEKR and strong export momentum. CLSA and CICC also set target prices at HKD 30, viewing Geely as a sector top pick.

Data showed Geely achieved overseas exports of 102,874 units in June, surging 157% year-over-year and crossing the 100,000-unit milestone for the first time. For the first half, cumulative sales reached approximately 1.42 million units, a record high. Additionally, its Lotus brand electric vehicles are set to enter the Canadian market in July, further expanding its global footprint. Daiwa recently upgraded Geely to Buy with a target price of HKD 27, identifying overseas markets as a core growth engine.

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