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GEELY AUTO Expects Turnaround This Year as Daiwa Trims Target Price /
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2024-05-27 18:07:58

GEELY AUTO Expects Turnaround This Year as Daiwa Trims Target Price on Nostr: GEELY AUTO Expects Turnaround This Year as Daiwa Trims Target Price =============== ...

GEELY AUTO Expects Turnaround This Year as Daiwa Trims Target Price
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#fb006c2f ver:0.27

GEELY AUTO expects turnaround this year, says Daiwa, despite lower target price. Optimism stems from streamlined product matrix and Geely Group synergies. Overseas expansion strategy seen as long-term growth support. Despite sales volume and revenue forecast reductions, NEVs boost gross profit margin. Evergrande Auto sees stock surge as mystery savior eyes 29% stake. Hengchi brand showcased at Shanghai Auto Show. Unknown third party to extend credit for ongoing operations and EV development. GEELY aims for turnaround, Evergrande seeks lifeline in evolving auto industry. #GEELYAUTO #Daiwa #EvergrandeAuto #automotiveindustry #EVs...

#newstr #GeelyAuto #EvergrandeAuto #HengchiBrand #AutomotiveIndustry #Turnaround #StockPrice #EvBusiness

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