HK Stock Market Move | GEELY AUTO (00175) rises more than 4%, with overseas export sales exceeding 100,000 vehicles in June, reaching a new record high.
The stock of Geely Automobile (00175) rose over 4% intraday, and at the time of writing, it had risen 3.2% to HK$17.4, with a turnover of HK$429 million.
GEELY AUTO (00175) rose by over 4% during trading hours, and at the time of writing, it had risen by 3.2% to 17.4 Hong Kong dollars, with a transaction volume of 4.29 billion Hong Kong dollars.
On the news front, GEELY AUTO announced that total sales in June reached 240,799 vehicles, a 2% year-on-year increase, marking the fourth consecutive month of year-on-year growth. From January to June of this year, GEELY AUTO's cumulative sales reached 1,422,958 vehicles, setting a new historical high for the same period. In terms of new energy vehicles, the sales of new energy vehicles in June (including Geely, Lynk & Co., and Geometry) reached 161,449 vehicles, a 32% year-on-year increase and a 21% month-on-month increase. In the first half of the year, total new energy vehicle sales reached 799,454 vehicles, another record high for the same period, with a 10% year-on-year increase.
It is worth noting that the company's overseas export sales have surged to a new high, with overseas exports reaching 102,874 vehicles in June, a 157% year-on-year increase and a 21% month-on-month increase, marking the sixth consecutive month of year-on-year growth. From January to June, overseas export sales reached 474,228 vehicles, a 158% year-on-year increase, surpassing the full-year export sales for 2025.
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