Geely's 2025 Earnings Outlook Remains Strong -- Market Talk

Dow Jones12-18

0504 GMT - Geely's 2025 core earnings outlook remains strong, DBS Group Research analysts write in a note. The Chinese automaker is DBS's top pick in the sector, thanks to its large economies of scale and a better product mix, they say. The planned merger of its two sub-brands Zeekr and Lynk&Co could further enhance its long-term fundamentals, they add. Geely's strong new model pipeline and super hybrid platform will further drive sales next year, they say. DBS maintains a buy rating on the stock and raises the target price to HK$19.80 from HK$16.20. Shares last at HK$15.50. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

December 18, 2024 00:04 ET (05:04 GMT)

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The Chinese automaker is DBS's top pick in the sector, thanks to its large economies of scale...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GELYY","symbol_name":"吉利汽车ADR","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492294339","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492294339","pubTimestamp":1734498240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0504 GMT - Geely's 2025 core earnings outlook remains strong, DBS Group Research analysts write in a note. 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