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29566 UBGEELY@EP2506B (PUT)
RT Nominal up0.124 +0.009 (+7.826%)

07/10/2024 15:22

{I-bank focus}Citi raises Geely Auto (00175) to HKD15.58

[ET Net News Agency, 7 October 2024] Citi raised the target price for Geely Auto (00175)
to HKD15.58 from HKD13.98 and maintained the "buy" rating.
The research house said it maintains Geely's 3Q revenue and GPM forecast at Rmb61.7bn
and 15.4% and expects the positive momentum to continue into 4Q24 and 2025 from strong
model cycle. (rc)

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