China Merchants Securities International: Maintains Geely Automobile (00175.HK) target price of HK$34.2 and "Overweight" rating.

Zhitong Finance APP has learned that China Merchants Securities International issued a research report maintaining its target price of HK$34.2 and "Overweight" rating for Geely Automobile (00175.HK). The bank said it is bullish on the penetration of smart charging technology into mainstream models, as well as the enhancement of Geely's pure electric vehicle competitiveness from the expansion of the energy replenishment network.