Zhi Tong Cai Jing·2025-09-16 06:52Core Viewpoint - Geely Automobile's stock rose over 3%, currently at 19.03 HKD with a trading volume of 1.333 billion HKD, following the announcement of the latest progress on the merger agreement [1] Group 1: Company Developments - On September 15, Geely Automobile announced the latest developments regarding the merger agreement, which includes privatization and merger matters, with formal approval expected from Zeekr shareholders at the shareholder meeting on September 15, 2025, in accordance with Cayman Islands company law [1] Group 2: Financial Projections - Daiwa updated its valuation model for Geely Automobile after the company released its half-year results, predicting sales volumes of 3 million to 3.8 million vehicles from 2025 to 2027, an increase from the previous forecast of 1.9 million to 2.3 million vehicles [1] - The firm is optimistic about Geely's successful transition to new energy vehicles, expecting that more growth from 2025 to 2027 will come from overseas expansion [1] Group 3: Profitability and Cost Efficiency - Daiwa believes Geely will benefit from profit improvements due to economies of scale and cost savings from internal synergies within the group [1]