UBGEELY@EP2607A.P (26033) News

Cui Dongshu: Global new energy vehicle sales reached 11.22 million units in the first half of this year, with China accounting for 62%.

Global new energy passenger vehicle sales reached 11.22 million units in the first half of this year, an increase of 13% year-on-year.

Zhitong Finance16:18

CITIC Securities: Passenger vehicle exports exceed expectations again; robotics sector poised for a dual boost from mass production and capitalization

August has become a concentrated window for bullish positioning on robots, centered on 'mass production validation plus capitalization.'

Zhitong FinanceAug 6 10:35

China Automobile Dealers Association: Estimated nationwide wholesale sales of new energy passenger vehicles in July reached approximately 1.47 million units, up 23% year-on-year and down 1% month-on-month.

The China Automobile Dealers Association released a flash report on wholesale sales of new energy passenger vehicles by manufacturers for July 2026.

Zhitong FinanceAug 5 17:05

China Passenger Car Association: National passenger vehicle retail sales reached 1.506 million units in July, down 18% year-on-year.

From July 1 to 31, retail sales of passenger vehicles nationwide totaled 1.506 million units, down 18% year-over-year and down 6% compared to the same period last month. Cumulative retail sales for the year to date reached 10.207 million units, a 20% decline year-over-year.

Zhitong FinanceAug 5 16:31

Major Broker: Bank of America Securities' Investment Ratings and Target Prices for Automotive, Auto Parts, and Dealer Stocks (Table)

Bank of America Securities has published a research report listing the investment ratings and target prices for automotive, parts, and dealer stocks as follows: Stock | Investment Rating | Target Price BYD (01211.HK) | Buy | HK$119 → HK$123 Geely Auto (00175.HK) | Buy | HK$29.3 → HK$27.3 Chery Automobile (09973.HK) | Buy | HK$38 → HK$34 XPeng Motors (XPEV.US) | Buy | US$25 → US$19 XPeng Motors (09868

AASTOCKSAug 5 15:27

BofA Securities: Rising Costs Squeeze Profit Margins in China's Auto Sector; Downgrades Target Prices for Multiple Automakers

Bank of America Securities issued a research report, noting that rising raw material costs are expected to exert pressure on profit margins in China’s auto sector. The report highlighted generally weak domestic sales in the first half of the year, with robust export growth emerging as a key bright spot for companies’ interim performance. Based on adjustments to volume forecasts, changes in earnings outlook, and rolling valuation benchmarks, the firm significantly revised target prices for multiple automakers, parts suppliers, and dealerships. Notably, the rating for Seres (09927.HK) was downgraded from 'Buy' to 'Underperform,' and its target price was slashed from HK$100 to HK$46, reflecting intensifying competition for the M8/M9 models, which has weighed on both sales volumes and gross margins, as well as first-half earnings that fell short of expectations.

AASTOCKSAug 5 15:22

CICC International: July Sales of Leading Domestic Automakers Continue to Grow, with Divergent Performance Among New-Energy Vehicle Startups

China Merchants Securities International released a report noting that in July, sales of leading domestic automakers continued to grow, while emerging EV brands showed divergent performance, with Leapmotor (09863.HK) surpassing 100,000 units in monthly deliveries for the first time. Exports remain the clearest source of structural growth, with Chery (09973.HK), BYD (01211.HK), Geely (00175.HK), and Great Wall Motor (02333.HK) leading in overseas sales share. Among the domestic leaders, BYD, Geely, Chery, and Great Wall Motor reported July deliveries of 419,000, 250,000, 262,000, and 108,000 units, respectively, representing year-over-year increases of 22%, 5%, 24%, and 4%.

AASTOCKSAug 5 11:08

China-Made Passenger EV Sales Rise 23% in July, CPCA Says

MT NewswiresAug 5 10:28

CPCA Sees China's July NEV Wholesale up 23% as Fuel Prices Climb

CnEVPostAug 4 20:23

China Passenger Car Association: Preliminary estimates show that domestic automakers' new energy passenger vehicle wholesale sales reached 1.47 million units in July, up 23% year-on-year.

On August 4, the Passenger Car Association released a flash report on wholesale sales of new energy passenger vehicles by manufacturers for July 2026.

Zhitong FinanceAug 4 19:32

Geely Automobile Holdings Stock Sheds 2.6% in Hong Kong

Dow JonesAug 4 16:31

Major Broker: Bank of America Securities' Investment Ratings and Target Prices for Auto Stocks (Table)

Bank of America Securities published a research report listing the investment ratings and target prices for automotive stocks as follows: Stock | Investment Rating | Target Price (HKD) BYD Company Limited (01211.HK) | Buy | HK$119 → HK$123 Geely Auto (00175.HK) | Buy | HK$29.3 → HK$27.3 Chery Automobile (09973.HK) | Buy | HK$38 → HK$34 XPeng Inc. (09868.HK) | Buy | HK$98 → HK$74 Leapmotor Automotive (09863.HK) | Buy |

AASTOCKSAug 4 11:17

BofA Securities: Q2 EV sales growth generally weaker than expected, with overseas expansion emerging as a bright spot

Bank of America Securities published a report reviewing second-quarter results of automakers, auto parts suppliers, and dealerships, and comprehensively revised target prices, primarily reflecting changes in volume assumptions, earnings outlook, and an extension of valuation horizons into the second half of this year and the first half of next year. Regarding automakers, due to weak domestic demand, the firm downgraded BYD (01211.HK), Geely (00175.HK), Nio (09866.HK), Li Auto (02015.HK), XPeng (09868.HK), SAIC Motor (600104.SH), BAIC Motor (01958.HK), and GAC Group (002

AASTOCKSAug 4 11:13

Hong Kong Stock Market Movement | July EV Delivery Figures Released; Auto Stocks Decline Again, with Multiple Stocks Falling for Three Consecutive Days

GL News, August 4 | Hong Kong-listed auto stocks continued their downward trend, with Seres falling 6%, XPeng Group and Voyah Auto down 4.3%, Li Auto dropping 4%, Chery Automobile declining 3.6%, Geely Auto and GAC Group falling nearly 3%, Great Wall Motor and Leapmotor down 2.5%, and BAIC Motor, Nio, and BYD Co., Ltd. all sliding more than 1%. Additionally, Seres, Li Auto, Geely Auto, and several other stocks recorded their third consecutive day of declines. On the news front, July’s new energy vehicle (NEV) delivery data revealed a pattern of ‘the strong getting stronger’ alongside widening divergence, with some automakers experiencing slowing growth and double-digit month-over-month and year-over-year declines. This, combined with profit warnings, triggered a broad sell-off across the sector.

Gelonghui FinanceAug 4 10:05

Geely Auto (0175.HK) July 2026 Sales Commentary: July 2026 sales increased by 5% year-over-year.

Report Summary: The company’s premium vehicles and exports are projected to grow significantly in 2026, substantially enhancing its profitability. We maintain an optimistic outlook on the company's operating performance for 2026. Investment Highlights: Investment Recommendation. We believe 'Smart Geely 202

Guotai Haitong SecuritiesAug 4 00:00

Cui Dongshu: China exported 84,400 vehicles to Russia in June.

Cui Dongshu, Secretary General of the China Passenger Car Association, stated in a post that Russian auto sales reached 122,000 units in June 2026, up 22% year-over-year; from January to June, Russian auto sales totaled 660,000 units at a relatively high level, an increase of 10% year-over-year.

Zhitong FinanceAug 3 20:01

Exports by China's six major domestic automakers remained at a high level in July, with Chery's overseas sales accounting for more than 70% of its total volume.

① As of the time of writing, among the six A+H listed automakers tracked by Caixin reporters, all reported year-on-year growth in overseas sales exceeding 50% in July, with export shares remaining at high levels; ② Analysts at Bank of America noted that the key theme for July was 'robust export performance, with Leapmotor and Nio outpacing peers in year-on-year growth.' BYD, Geely, Great Wall, and Chery all maintain high export proportions, with overseas markets now serving as a critical pillar in the sales mix for multiple automakers.

cls.cnAug 3 17:05

"One Geely" initiative reaches the sales front

Resource integration.

wallstreetcnAug 3 15:58

Li Shufu: We will continue to deepen our presence in Heilongjiang and enhance the development level of new energy vehicles.

On August 1, Xu Qin, Party Secretary of Heilongjiang Province, and Governor Liang Huiling met in Harbin with a delegation led by Li Shufu, Chairman of Geely Holding Group. Xu Qin stated that the provincial Party committee’s recommendations for the ‘15th Five-Year Plan’ and the provincial planning outline explicitly support advancing quality improvement and upgrading in industries such as automobiles. Geely Holding Group, as a leading enterprise in China’s automotive industry, has established a solid foundation for cooperation with Heilongjiang. He expressed hope that both sides will adhere to the directions of high-end development, intelligentization, and green transformation, and further deepen practical cooperation in areas including automotive R&D and manufacturing, industrial chain integration, talent development, and market expansion—achieving mutual benefit while better serving the national interest. The local authorities will continue optimizing the business environment and providing high-quality, effi

AASTOCKSAug 3 15:53

Chinese EV Makers Post Broadly Higher Sales in July

WSJAug 3 10:57