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| HSI1 | 23,393.32 | +98.90 | 204.84B |
| HSCEI1 | 7,906.11 | +43.89 | 74.19B |
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2026-11-02 15:26:27 GEELY AUTO (00175.HK)'s core net profit for 3Q rose 32.5% YoY, broadly in line, China Merchants Securities International issued a research report as saying. Revenue hiked 10.3% YoY, with core profit growth markedly outpacing revenue growth. For 1-3Q, the group's core net profit swelled 41.1% YoY to RMB14.896 billion, already surpassing its full-year 2025 performance, demonstrating strong resilience despite industry challenges. CMSI believed the market has overreacted to GEELY AUTO's 3Q gross margin fluctuations and share incentive expense disturbances. The current valuation remains attractive. The broker was upbeat about ZEEKR's premiumization, sustained export growth and overseas localization strategy, while gradual realization of cost reduction benefits is expected to drive earnings improvement. It maintained an Overweight rating and a TP of HKD34.2. ~ AASTOCKS Financial News Website: www.aastocks.com | |