Gasgoo Munich-On March 17, Geely Auto surged more than 6% in intraday trading, outpacing the broader auto sector in Hong Kong. By the close, the stock had settled up 4.45%, giving the company a market capitalization of 203.1 billion Hong Kong dollars.
Image source: East Money
Since March 6, Geely Auto has rallied more than 20%, adding roughly 30 billion Hong Kong dollars in market value. As its intelligent technology enters mass production, the company's strengthening tech credentials are driving a re-rating by capital markets.
Recently, institutions such as Morgan Stanley and Guotai Haitong have issued "buy" and "overweight" ratings, with a target price reaching as high as 36.61 Hong Kong dollars. These firms argue that Geely Auto's comprehensive layout at the cutting edge of intelligence gives it the hallmarks of a tech company: a technological moat, data assets, and strategic ecosystem positioning.
Also on March 17, Geely Auto took the stage at NVIDIA's GTC conference, announcing that the Super Eva + Zeekr G-Pilo G-ASD 4.0 system is ready for mass production. NVIDIA said it will work with Geely to develop L4 autonomous driving on the DRIVE Hyperion platform, deepening strategic cooperation in smart driving, cockpits, and cloud AI.
Separately, ZEEKR, Geely's premium intelligent EV brand, hosted a technology launch for the ZEEKR 8X on the evening of March 16. The company revealed the 8X will feature the world's first "intelligent agent" integrating the smart cockpit, autonomous driving, and digital ecosystem — a significant development for Geely in "cockpit-driving integration."
The ZEEKR 8X opened for pre-orders on the evening of March 16 and received 10,000 orders within 38 minutes, marking another successful launch following the popular ZEEKR 9X.
Geely Auto is scheduled to release its full-year 2025 earnings on March 18, and investors expect the company to address its smart strategy and provide updates on the NVIDIA partnership.
