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<Research>CMSI Raises GEELY AUTO's TP to HKD36; Overseas Expansion Potential Significant
Recommend 34 Positive 34 Negative 7 |
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CMSI said in a research report that it recently attended GEELY AUTO (00175.HK)'s investor open day and exchanged views with the company's brand management, HEV, and intelligent driving teams. The broker believes Zeekr has strong growth potential, while Galaxy is making steady progress. GEELY AUTO has occupied an advantageous position in terms of HEV technology and has substantial room for overseas expansion. CMSI has lifted its target price for GEELY AUTO from HKD32 to HKD36, with a rating of Overweight. Auto-translated by AI AASTOCKS Financial News |
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