Bank of America Securities: Acquisition of Jiuke Benefits Geely Automobile (00175) Target price of HKD 21.6 Maintaining a "buy" rating.

According to the Zhtng Financial APP, Bank of America Securities released a research report stating that Geely Automobile (00175) fully controlling the Geely and Lynk & Co brands will have a positive impact on Geely. The group can integrate research and development resources, such as car design, smart cabins, and driver assistance. Multi-brand marketing can be more effective and have synergistic effects, while simplifying the ownership structure can improve group management efficiency. Maintain a "buy" rating with a target price of HK$21.6, optimistic about its steady sales performance and growth momentum driven by new models.