Weekly Recap | GEELY AUTO -3.99%, most brokers rate it buy
Weekly Review·
- Geely Automobile shares fell 3.99 % this week to close at 16.12 HKD, underperforming the Hang Seng Index by about 1.6 percentage points.
- The company advanced product and channel expansions, including upcoming SUV presales and European distribution via Volvo, while facing a broader sector slowdown and external market pressures.
- A total of 27 institutions maintained positive ratings with a consensus target price of 29.04 HKD, reflecting strong upside potential compared to the current price.
