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HKG:0175

25 stories mentioning HKG:0175Updated 7d ago

Every FINWIRES story that references HKG:0175, newest first.

Asia

Geely Automobile's Profit Drops 27% in Q1

Geely Automobile Holdings (HKG:0175) posted profit attributable to owners of the parent of 4.17 billion yuan for the first quarter, down 27% from 5.67 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Revenue rose 15% to 83.8 billion yuan from 72.7 billion yuan in the prior-year period.The company's car sales rose 1% year over year to 709,358 units in Q1.

HKG:0175
Asia

Market Chatter: Volvo Holds on to Plan to Build Electric Vehicle in US

Zhejiang Geely Holding Group-owned Volvo Cars continues to plan building a new electric vehicle in U.S. in late 2026, Nikkei Asia reported, citing an interview with CEO Hakan Samuelsson.According to the report, Volvo does not plan to walk back on the plan even after the Trump administration ended tax breaks for electric vehicle purchases.Volvo is an affiliate of Geely Automobile (HKG:0175).(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0175
Research

Phillip Securities Downgrades Geely Automobile to Accumulate from Buy; Price Target is HK$26.60

Geely Automobile (HKG:0175) has an average rating of buy and mean price target of HK$27.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

HKG:0175
Asia

Market Chatter: Geely Automobile Says New Hybrid System to Beat Japanese Car Efficiency

Chinese auto manufacturer Geely Automobile (HKG:0175) on Monday unveiled an artificial intelligence-based hybrid gas-electric vehicle platform that it said could surpass the fuel efficiency offered by Japanese cars, according to media reports.The so-called i-HEV system, which uses AI to analyze real-time environmental conditions to boost energy efficiency, consumed 2.22 liters ⁠per 100 kilometers in a highway test, Reuters reported."It will comprehensively surpass the hybrid technology from the Japanese," Geely Group spokesman Victor Yang was quoted as saying by Bloomberg.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0175
International

Chinese NEV Exports Surge 140% in March, Car Association Says

Chinese exports of new energy vehicles surged 140% year over year to 349,000 units, the China Passenger Car Association said Thursday.BYD (HKG:1211, SHE:002594) led the pack with 116,882 units, while Geely (HKG:0175) exported 52,186 units and Chery Automobile (HKG:9973) exported 40,837 units to complete the top three exporters for the month.The surge could be attributable to energy shocks due to the war in Iran, Bloomberg reported separately.

Shanghai Composite^SZSEHKG:0175HKG:1211SHE:002594

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