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69504 HS#HSI RC2707E (R BULL)
RT Nominal up0.233 +0.003 (+1.304%)

22/11/2024 15:40

{I-bank focus}HSBC raises Geely Auto (00175) to HKD19.3

[ET Net News Agency, 22 November 2024] HSBC Global Research raised the target price for
Geely Auto (00175) to HKD19.3 from HKD10.9 and maintained the "buy" rating.
The research house said it raises 2024-26e earnings estimates by 21%, 41%, and 28%
respectively, adjusting for the one-off gain, on the back of higher volume estimates. (rc)

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