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An update from Geely Automobile Holdings ( (HK:0175) ) is now available.
Geely Automobile Holdings Limited has announced the approval of a registration quota of up to RMB10 billion for debt financing instruments by The National Association of Financial Market Institutional Investors. This approval allows the company to issue various financial products, including super short-term commercial papers and green debt financing instruments, over the next two years, potentially enhancing its financial flexibility and market positioning.
The most recent analyst rating on (HK:0175) stock is a Buy with a HK$42.00 price target. To see the full list of analyst forecasts on Geely Automobile Holdings stock, see the HK:0175 Stock Forecast page.
More about Geely Automobile Holdings
Geely Automobile Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the automotive industry. It focuses on the production and sale of automobiles and related products, with a market presence in both the Hong Kong Dollar and Renminbi counters.
YTD Price Performance: 31.02%
Average Trading Volume: 70,818,924
Technical Sentiment Signal: Buy
Current Market Cap: HK$192.8B
For an in-depth examination of 0175 stock, go to TipRanks’ Overview page.