Search
Bank of America Securities Reaffirms 'Buy' Rating for Geely Auto with HK$19.7 Target Price
2025-03-05 /
Read about 0 minute
Author：小编
Bank of America Securities has reiterated its 'Buy' rating on Geely Auto, setting a target price of HK$19.7, reflecting its optimism about the company's sales prospects for the current year. During a recent AI Technology Day, Geely Auto introduced its latest model, the E8, which incorporates DeepSeek technology designed to elevate the autonomous driving experience. Furthermore, Geely's Galaxy series has officially transitioned into a standalone brand, encompassing the London Electric Vehicle Company (LEVC). With the aim of selling over 1 million vehicles this year, Geely Auto has implemented price reductions of RMB 3,000 to 4,000 on select models to bolster sales.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
