Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00175 GEELY AUTO
RTNominal up15.260 +0.080 (+0.527%)
Research Report

14/07/2020 17:52

{I-bank focus}BOCOM ups Geely Automobile (00175) to HK$25.4

[ET Net News Agency, 14 July 2020] BOCOM Research lifted its target price for Geely
Automobile (00175) to HK$25.4 from HK$15.5 and maintained its "buy" rating.
The research house believes Geely's car sales are recovering from the pandemic faster
than the market expected. The sales growth started to see a rebound in 2Q, up 14% compared
with a 44% decline in 1Q.
BOCOM thinks Geely's sales recovery is likely to carry on in 2H, underpinned by SUV
demand and PV recovery in China. Meanwhile, it sees A-share listing and a potential merger
with Volvo Cars as the major near-term factors to trigger re-rating. (KL)

Remark: Real time quote last updated: 28/09/2020 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.