<div id="readability-page-1">Geely Automobile Holdings Ltd (OTCMKTS:GELYF) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 7, the company announced its board of directors had approved a HK$2.3 billion buyback program. Under the new buyback program, the company intends to repurchase up to 10% of its issued shares from the […]</div>

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<p>Geely Automobile Holdings Ltd (GELYF) has announced a HK$2.3 billion buyback program approved by its board of directors. This initiative aims to repurchase up to 10% of its issued shares, highlighting the company's undervaluation in the Hong Kong stock market, as noted by analysts.</p>

- Geely Automobile Holdings Ltd is considered one of the most undervalued stocks in Hong Kong by analysts.  
- On October 7, the company announced a HK$2.3 billion buyback program, aiming to repurchase up to 10% of its issued shares.  
- This move is expected to enhance shareholder value and reflect the company's confidence in its future prospects.  

Geely Automobile Holdings Ltd (GELYF) Board Approves HK$2.3 billion Buyback Program