STOCKS | Citi Adds Geely Automobile to Its Pan-Asia Focus List

Citi added Geely Automobile (00175.HK) to its “Pan-Asia Focus List.” According to Jin10, Citi said the move was driven by a breakthrough in sales performance at Zeekr, Geely’s premium brand, along with strong export momentum and what it described as a more attractive risk-reward profile than peers. Citi gave Geely a “buy” rating with a target price of HK$30 and an expected dividend yield of 4%.