GEELY AUTO (00175.HK) -0.280 (-1.731%) Short selling $66.55M; Ratio 19.447% has recently launched the plug-in hybrid vehicle (PHEV) Galaxy A7, a model intended to rival BYD COMPANY (01211.HK) -3.300 (-2.588%) Short selling $331.99M; Ratio 29.991% 's Qin L, according to CLSA's research report.In CLSA's opinion, the Galaxy A7 has enriched GEELY AUTO's product pipeline. Despite intensified price competition, the broker remained optimistic about the company achieving strong sales growth and improved profitability, considering that the actual price reductions in this round of competition were milder than market expectations at around RMB1,000-2,000, the increased penetration rate of its new GEA platform and the growing sales mix of new energy vehicles (NEVs) should enhance unit profitability, and the product pipeline was strong for FY25.Related NewsCiti Cuts BYD COMPANY (01211.HK) TP to HKD233, Maintains Buy RatingCLSA reiterated a "High-Conviction Outperform" rating for GEELY AUTO, with a target price of HKD23. The broker was upbeat about the carmaker's product pipeline remaining strong and on track.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-19 12:25.)