HK Stock Market Move | GEELY AUTO (00175) surged more than 5% in the afternoon, with first quarter revenue surpassing 80 billion yuan and core net profit attributable to shareholders increasing by over 30%.

Geely Auto (00175) rose over 5% in the afternoon, reaching a 4.5% increase with a price of HK$22.76 and a trading volume of HK$15.56 billion at the time of writing. On the news front, Geely Auto released its first-quarter performance report. The company's total revenue was 83.8 billion yuan, a 15% year-on-year increase; core net profit attributable to shareholders was 4.56 billion yuan, a 31% year-on-year increase; the gross profit margin for the period was 17.5%, an 11% increase year-on-year, indicating an overall improvement in profitability. In the first quarter of 2026, the group continued to maintain steady growth momentum, with a total sales volume of 709,358 units, a 1% year-on-year increase. Benefiting from strong growth in export sales and an increase in the proportion of high-value product sales, the group's revenue grew by 15% year-on-year, with revenue growth outpacing sales volume growth.