CMB International Securities: Maintains Geely Automobile (00175.HK) "Buy" rating with a target price of HK$36.

According to the AI finance APP, CMB International Securities released a research report stating that it maintains a target price of HK$36 for Geely Auto (00175.HK) and a "buy" rating. The firm stated that the first-quarter performance met expectations, with a net profit attributable to the parent company of 4.17 billion RMB, and a core profit of 4.56 billion RMB excluding exchange rate effects, an increase of 31% year-on-year, in line with expectations.