[ET Net News Agency, 14 April 2023] HSBC Global Research lowered its target price for
Geely Auto (00175) to HK$15.7 from HK$16.7 and maintained its "buy" rating.
The research house said it expects consistent new launches and April's Shanghai auto
show will drive volume recovery for Geely in 2Q and 2H23 and catalyse its share price.
(RC)