Lyon: Liogee Cars (00175.HK) sold over 3 million vehicles this year, maintaining a "high conviction outperform market" rating.

According to the Jrj.com.cn app, research report released by Lyon indicates that Geely Automobile (00175.HK) benefits from its layout in Internal Combustion Engine (ICE) and New Energy Vehicle (NEV), and its market positioning may hedge potential electric vehicle subsidy policies. The bank maintains the company's target price of HK$23 and a "highly confident outperforming the market" rating.