HK Stock Market Move | Geely Auto (00175) rises nearly 3% and reaches a strategic cooperation with Emil Frey Group. It is reported that they plan to enter the Swiss market in the third quarter.
Geely Automobile (00175) rose nearly 3%, as of the time of writing, it rose by 2.01% to HK$17.8, with a turnover of HK$708 million.
GEELY AUTO (00175) rose nearly 3%, rising 2.01% as of the time of writing, to HK$17.8, with a turnover of HK$708 million.
On the news front, according to market media reports, recently, GEELY AUTO formally signed a cooperation agreement with Emil Frey, one of Switzerland's automotive import and retail groups, authorizing it to serve as GEELY AUTO's official importer in the Swiss market. Previously, Emil Frey had already cooperated with GEELY AUTO Group's Zeekr and Farizon brands in the local market. With the addition of the Geely brand, the scope of cooperation between the two parties has further expanded. This cooperation is also another important milestone in GEELY AUTO's European strategy.
It is reported that Geely plans to officially enter the Swiss market in the third quarter of 2026, and will first launch two new energy SUVs - the all-electric Geely E5 and the plug-in hybrid Geely STARRAY EM-i, with leading smart technology, safety performance, and electrification technology, to bring high-quality green travel experience to local consumers.
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