Changes in Hong Kong stocks | Geely Auto (00175) rose more than 3%. High-end and offshore two-wheel drive Daimo is optimistic about its profit growth in the second quarter

The Zhitong Finance App learned that Geely Auto (00175) rose more than 3%. As of press release, it had risen 3.23% to HK$18.51, with a turnover of HK$358 million.

According to the news, Geely Automobile's overseas exports reached 10,2874 vehicles in June, up 157% year on year and 21% month on month. Overseas export sales in the first half of the year were 474,228 vehicles, an increase of 158% over the previous year, exceeding the export sales volume for the full year of 2025. In addition, high-end Krypton products are popular, and the Extreme Krypton brand sold 35,000 units in June, an increase of 110.6% over the previous year. Morgan Stanley said that Geely Auto benefited from a good portfolio of high-end products and overseas markets, which is expected to anchor profit growth in the second quarter.

China Merchants Securities International pointed out that domestic automobile demand improved moderately in the second half of the year, shifting from “weak domestic demand and strong overseas travel” to “stable domestic demand and strong overseas travel” in 2027. The pessimistic expectations of domestic demand overdrafts this year have been reflected, and we have now ushered in a two-year optimal dimensional layout. In terms of vehicles, the bank launched Geely. Recently, it has focused on the company's production capacity cooperation with Volvo and Ford plants in Europe, and has taken a key step in localized production in Europe.