HK Stock Market Move | GEELY AUTO (00175) rose more than 5% at the close with the company initiating a 2.3 billion Hong Kong dollar buyback. Sales in September reached an all-time high.

GEELY AUTO (00175) rose more than 5% at the close, up 4.68% to HK$19.24 with a turnover of HK$1.056 billion. On the news front, on October 6th, GEELY AUTO announced a HK$23 billion share buyback plan, with the repurchased shares to be cancelled to optimize the share capital structure. It is reported that in September 2025, the company achieved sales of 273,125 units, an increase of 9% month-on-month and 35% year-on-year, maintaining double-digit growth for the seventh consecutive month and setting a new record for monthly sales. Cathay Haitong released a research report stating that GEELY AUTO's sales growth rate has remained at a high level so far in 2025. The bank pointed out that in the second half of 2025, several new models including Geely Galaxy A7, Geely Galaxy M9, Geely Galaxy Starry 6, JEEKEE 9X, and Lynk & Co 10EM-P have been successively launched, and the globalization process of Geely, JEEKEE, and Lynk & Co brands is accelerating. GEELY AUTO is steadily moving towards its annual target of 3 million units.