HSI Declines by 102 Points; Technology Stocks Struggle; TECHTRONIC IND Drops Over 2%
Written by Emily J. Thompson, Senior Investment Analyst
Source: aastocks
Updated: 4 hour ago0mins
Market Opening: The Hang Seng Index (HSI) opened 0.4% lower at 25,833, with the HSCEI and HSTECH also experiencing declines of 0.3% and 0.4%, respectively.
Constituent Changes: Hang Seng Indexes Company will implement changes to its constituents, including the addition of INNOVENT BIO to the HSI and YUM CHINA to the HSCEI next week.
Tech Stock Performance: Major tech stocks like Alibaba and Tencent saw slight declines at market open, while other tech companies like Xiaomi and Meituan also experienced minor fluctuations.
Automotive and Export Stocks: Car manufacturers such as Geely and BYD opened lower, while export stocks like Techtronic Industries rose, contrasting with a significant drop in Shenzhou International.
00175.HK
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Intellectia
Analyst Views on 00175
Wall Street analysts forecast 00175 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00175 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 17.430
Low
Averages
High
Current: 17.430
Low
Averages
High
CICC
downgrade
$100
2025-12-02
New
Reason
CICC
Price Target
$100
2025-12-02
New
downgrade
Reason
The analyst rating reflects concerns about a significant slowdown in sales growth among major Chinese automakers, attributed to the phasing out of subsidies for large-scale equipment upgrades and consumer goods trade-ins. This has led to a weaker year-end sales surge compared to previous years, with many companies struggling to meet their sales targets. The report indicates that the decline in sales growth appears almost irreversible, suggesting a challenging environment for automakers as they attempt to balance sales growth with earnings amidst regulatory pressures and reduced consumer demand.
BofA Securities
BofA Securities
Buy
maintain
$24 -> $25
2025-11-19
Reason
BofA Securities
BofA Securities
Price Target
$24 -> $25
2025-11-19
maintain
Buy
Reason
The analyst rating for GEELY AUTO was reaffirmed as "Buy" by BofA Securities due to several positive factors: a 27% year-over-year increase in revenue driven by a 43% growth in deliveries and an increase in average selling price. Additionally, improvements in economies of scale, operational efficiency, and an optimized product mix contributed to a rise in gross profit margin. The broker also raised its sales and earnings forecasts for 2025-2027, which further supports the positive outlook for the company.
CICC
CICC
Outperform
maintain
$26
2025-11-18
Reason
CICC
CICC
Price Target
$26
2025-11-18
maintain
Outperform
Reason
The analyst rating for GEELY AUTO (00175.HK) is "Outperform" with a target price of $26, based on the company's strong performance in revenue growth and profitability driven by a new vehicle cycle and the introduction of new models like the Galaxy M9 and Lynk & Co 900. The broker raised its net profit forecasts for 2025 and 2026 by 4.5% and 11.9%, respectively, indicating confidence in the company's future performance and suggesting a potential upside of 51.2% from the current share price.
Morgan Stanley
Morgan Stanley
Overweight
maintain
$24
2025-11-18
Reason
Morgan Stanley
Morgan Stanley
Price Target
$24
2025-11-18
maintain
Overweight
Reason
Morgan Stanley's analyst rating for GEELY AUTO (00175.HK) is based on the belief that the stock's recent decline has made its near-term valuation more attractive, suggesting a potential rise in share price over the next 15 days. The company's 3Q25 net profit of RMB3.8 billion and an improved gross margin of 16.6% indicate positive financial performance, supporting the outlook. Additionally, core earnings are on track to meet the full-year profit target of RMB15 billion. Morgan Stanley estimates a 70-80% probability of this positive scenario, leading to an Overweight rating and a target price of $24.
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About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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