BUZZ-Shares of Chinese automaker Geely slip as H1 profit falls
Reuters
Aug 15, 2025
BUZZ-Shares of Chinese automaker <a href="https://laohu8.com/S/00175">Geely</a> slip as H1 profit falls
** Shares of Geely Automobile Holdings 0175.HK fall 5.9% to HK$17.83, their lowest since August 4
** Stock on course for second session of decline
** The Chinese automaker posted a 14% y/y fall in H1 net profit to 9.29 bln yuan ($1.29 bln) while revenue rose 27% y/y to 150.28 bln yuan
** However, UOB Kay Hian keeps "Buy" rating on stock and lifts TP to HK$42 from HK$35, saying Geely's 2Q25 core net profit came in as expected while its earnings will be driven by strong product cycles and consolidation of its brand portfolio
** Hang Seng Tech Index .HSTECH falls 1%, benchmark Hang Seng Index .HSI declines 1.2%
** YTD, stock up 27.4%
($1 = 7.1807 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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