In a recently released report, CICC (China International Capital Corporation) announced an upward revision in Geely Auto's valuation, attributing the increase to the company's robust smart driving strategy. Consequently, CICC has raised its target price for Geely Auto by 13.2%, setting it at HK$21.06. The investment bank further projects a potential upside of 17.7% and continues to recommend Geely Auto with an 'Outperform' rating.
