GEELY AUTO (HKEX: 00175) shares have risen against the broader market trend, gaining over 3%. At the time of writing, the stock is up 3.39% to HK$19.2, with a turnover of HK$601 million.
Analysts point out that rising oil prices due to geopolitical tensions in the Middle East may reshape global consumer preferences for automobiles. This trend, combined with GEELY AUTO's expanding overseas distribution network and the upcoming international launch of premium models like the Zeekr 9X and 8X, positions overseas markets as a key future growth driver for the company.
Furthermore, the order structure for the Zeekr 9 and 8 series indicates strong consumer acceptance of the company's premiumization strategy. This is expected to enhance the overall brand perception. The volume production of the Zeekr 8X and the export of high-end models are anticipated to unlock significant profit potential.
It is worth highlighting that GEELY AUTO's overseas sales for May reached 85,000 units, a year-on-year surge of 183.7%. For the first five months of the year, cumulative exports totaled 371,000 vehicles. In key markets including Mexico, Indonesia, Germany, and Brazil, models such as the Geely Emgrand, Geely EX5 EM-i, Zeekr 7X, and Zeekr 009 have consistently topped sales charts in their respective segments. The Galaxy Starship 7 EM-i has also secured the title of best-selling plug-in hybrid SUV in Kazakhstan for two consecutive months.
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