Geely Files First Off-road SUV Galaxy Cruiser 700, Paving Way for Launch
You Have Lots of Questions for Our Car Columnist, So He Responded -- WSJ
EV Assembly Market Worth $291.39 Billion by 2035 | MarketsandMarkets
Rising volumes and prices, outperforming the market trend, Geely Auto redefines the 'champion DNA' of Chinese automakers
China's automotive market underwent a deep adjustment in the first half of 2026. According to data from the China Passenger Car Association (CPCA), domestic passenger vehicle retail sales reached 8.701 million units in the first half, down 20.2% year-on-year. Looking at June alone, narrow-definition passenger vehicle retail sales totaled 1.602 million units, a 23.2% year-on-year decline—marking the lowest June sales figure compared to the same month over the past four years. Meanwhile, the industry-wide price war, ongoing for several years, shows no signs of abating. Based on the latest data, the automotive sector’s profit margin stood at 3.4% for January–May 2026, reflecting persistent downward pressure on profitability. Automakers are now forced to make difficult trade-offs between sales volume and profit margins. This sense of anxiety across the industry has begun to spread to capital markets.
New Energy Vehicle Industry: Valuations Fall into a 'Golden Pit,' with Three Key Growth Variables Driving Valuation Reassessment
Since last May, the valuation of the Hong Kong-listed auto sector has continued to decline, with the sector down by more than 40% to date and some individual stocks having lost over half their value. However, this significant valuation correction has now created a 'golden pit' opportunity.
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