China Galaxy Securities: Significant effect of the land compensation policy promoting the recovery of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24, the national automobile scrappage subsidy application reached 1.57 million, while the local automobile replacement and renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application, which significantly boosts domestic demand.
Express News | A Geely spokesperson commented on the SR report: Geely strongly denies the report that it is considering selling volvo ab unsponsored adr class b shares.
Express News | Market News: Geely is considering reducing its shareholding in Volvo ab unsponsored adr class b.
guolian brokerage maintains a "buy" rating on Geely Autos (00175), indicating the company's clear advantages in growth potential and leading edge in vehicle product cycle.
Jingu Finance News | Guolian Securities issued research reports stating that under Geely Autos (00175), the zeekr brand will accelerate the pace of new car releases starting from 2023. It has successively released zeekr 009/zeekr X/zeekr 007, with sales increasing from 0.072 million vehicles in 2022 to 0.119 million vehicles in 2023, a year-on-year growth of 65.0%. In 2024, zeekr is expected to release zeekr 7X and zeekr MIX, positioning them as B-class SUV and B-class MPV respectively. Zeekr 7X is priced at 2.299-2.699 million yuan, with competitive advantages compared to similar models such as Model Y and BYD Tang. In 2025, new
Geely autos (00175.HK): Looking at Geely autos sales potential from its new car plan
Investment highlights: Galaxy E5 and Xingyuan listed, expanding the Galaxy brand coverage in the market. In August and October 2024, Galaxy E5 and Xingyuan are listed, positioning themselves in the A-level SUV and A0-level sedan markets, with prices set at 10.98
Stocks of autos performed strongly in the morning, with dongfeng group soaring 13%, leading the way. The retail prosperity of autos in November is expected to continue to improve.
In October this year, the production of new energy passenger vehicles reached 1.379 million vehicles, a year-on-year increase of 49.9% and a month-on-month increase of 12.6%; wholesale sales reached 1.369 million vehicles, a year-on-year increase of 55.2% and a month-on-month increase of 11.2%.