[ET Net News Agency, 10 January 2022] Nomura lowered its target price for Geely Auto
(00175) to HK$23.9 from HK$27.7 and maintained its "buy" rating.
The research house said it continues to believe that leading domestic automakers with
strong electric vehicle (EV) offerings such as Geely should be well positioned to capture
China's rising EV penetration. (RC)