The Week

GELHY.US fell 6.32% this week to close at $37.35. The week opened at $41.225 on Monday and touched a high of $41.75 before selling off across the following sessions. Thursday marked the low at $36.54, with a slight recovery on Friday to $37.35. The weekly range was 12.64%, and the low also stands at the bottom of the 60-session trading range.

Key Events

The week centred on charging and battery-swap developments. On Monday, NIO and Geely struck a battery-swapping deal that values the energy unit at $2.4 billion, reinforced by cross-shareholding. Goldman Sachs initiated coverage on Geely with a buy rating the same day. Midweek, Geely began rolling out 2.25 MW ultra-fast chargers in China with sub-nine-minute charging. September sales rose on EV and export momentum despite a decline at Lynk & Co.

The Week Ahead

US macro releases dominate next week: S&P Global services PMI final and ISM non-manufacturing PMI on Monday, trade balance data on Tuesday, and EIA crude inventories on Wednesday. On the company side, Geely reports nine-month results on 29 October after the market close, with consensus revenue near $16.8 billion.

In Short

Shares pulled back while company news skewed positive, with battery-swap ties and ultra-fast charger rollout shaping the story. Valuation sits at 1.45x book and 8.4x earnings; latest-session capital flows show no clear large-lot or retail bias. The next test is whether nine-month results can match the pace of product and export expansion.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.