GEELY AUTO (00175.HK) +0.560 (+2.507%) Short selling $492.04M; Ratio 21.831% 's 1Q26 net profit reached RMB4.2 billion, down 27% YoY but up 18% QoQ, according to a UBS research report. Excluding one-off gains and losses like foreign exchange impacts, core net profit would have soared by 30% QoQ or 31% YoY to RMB4.6 billion.Benefiting from improved sales volume and margins, GEELY AUTO's 1Q26 net profit accounted for 21% of the market's full-year forecast. UBS believes the results were better than market expectations.Related News Brokers' Latest TP and Views on BYD COMPANY (01211.HK) After 1Q26 ResultsIn addition, GEELY AUTO's 1Q26 sales volume reached 3.45 million vehicles, representing 21% of management's full-year target of 3.45 million units, while the exports of 640,000 vehicles accounted for 32% of the target. UBS believes the carmaker is progressing orderly toward its guidance, and overseas sales will have further upside potential.UBS has given GEELY AUTO a Neutral rating and a target price of HKD20.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.)
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