BUZZ-Geely Automobile hits nearly 4-1/2-year peak on March sales; Citi lifts PT
Reuters04-02
BUZZ-<a href="https://laohu8.com/S/GELYF">Geely Automobile</a> hits nearly 4-1/2-year peak on March sales; Citi lifts PT
** Geely Automobile0175.HK rises 6.8% to HK$23.48, highest since December 2021
** Stock on track for biggest one-day pct rise since March 11
** Top pct gainer on Hang Seng Index .HIS, Hang Seng SCHK Auto Driving Theme Index .HSAMI, which are down 1.3% and 0.5%, respectively
** Co says March sales volume at 233,031 units vs year-ago 232,177
** Citi keeps "buy" on Q1, March export beat; lifts PT to HK$27 from HK$26, citing better sales mix, margin trend
** YTD, stock up 30.8%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments