GEELY AUTO (00175.HK) -1.180 (-5.230%) Short selling $514.54M; Ratio 20.295% 's 1Q26 revenue was RMB83.8 billion, up 15% YoY, BofA Securities issued a research report saying. Sales volume reached 709,000 units, up 1% YoY, while average selling price increased 18% YoY to RMB112,000. Gross margin improved 1.8 ppts YoY to 17.5%, benefiting from economies of scale and an improved product mix. Management expected gross margin to steadily improve in 2Q26, supported by effective cost control measures.Related NewsJPM: BYD COMPANY (01211.HK), GEELY AUTO (00175.HK) and LEAPMOTOR (09863.HK) to Benefit from Rising Overseas Revenue ContributionThe broker raised its 2026/ 2027 revenue and earnings forecasts, and added its target price from $28.4 to $29.3, with rating kept at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)
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