Geely Automobile (0175.HK) rises 6.8% to HK$23.48, highest since December 2021
Stock on track for biggest one-day pct rise since March 11
Top pct gainer on Hang Seng Index (.HIS) , Hang Seng SCHK Auto Driving Theme Index (.HSAMI) , which are down 1.3% and 0.5%, respectively
Co says March sales volume at 233,031 units vs year-ago 232,177
Citi keeps “buy” on Q1, March export beat; lifts PT to HK$27 from HK$26, citing better sales mix, margin trend
YTD, stock up 30.8%

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- Geely Automobile's stock increased by 6.8% to HK$23.48, reaching its highest level since December 2021.  
- The stock is on track for its largest one-day percentage gain since March 11, despite the Hang Seng Index and Hang Seng SCHK Auto Driving Theme Index both declining.  
- Citi maintains a “buy” rating, raising the price target to HK$27, driven by better sales performance and margin trends, with the stock up 30.8% year-to-date.

Reuters

Geely Auto

GEELY AUTO

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Fullgoal Hang Seng SCHK Automobile ETF

Hang Seng Index

E Fund Hang Seng SCHK Automobile ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

BUZZ-Geely Automobile hits nearly 4-1/2-year peak on March sales; Citi lifts PT