GEELY AUTO(HK:00175) Zhi Tong Cai Jing·2025-10-15 12:28Market Overview - The stock market is experiencing a phase of alternating trends, with US stocks showing signs of weakness while domestic markets are strengthening, as evidenced by the Hong Kong stock market rising by 1.84% [1] - The Federal Reserve is likely nearing the end of its quantitative tightening policy, with indications that interest rate cuts may occur at upcoming meetings based on current conditions [1] - The focus of tensions has shifted to sanctions and counter-sanctions, particularly regarding rare earth materials, with the EU also seeking to address these issues [1] Sector Performance - Insurance stocks have become market leaders, driven by strong earnings, with companies like Xinhua Insurance and China Taiping seeing gains of over 8% [2] - The Chinese yuan has strengthened, with the central parity rate rising to 7.10, benefiting the aviation sector, as airlines like China Eastern and China Southern saw increases of over 7% [2] - The international oil price has dropped significantly, with WTI crude futures falling over 19% from September, further supporting airline stocks [2] Technology and Innovation - New Kai's subsidiary launched two domestically developed EDA software products, which are crucial for semiconductor design, leading to stock increases for companies like Huahong Semiconductor and SMIC [3] - Strategic collaborations are emerging in the tech sector, such as the partnership between SenseTime and Cambricon to enhance cloud computing capabilities, resulting in stock gains for both companies [3] Automotive Industry - JD.com, GAC Group, and CATL have launched a new electric vehicle model, targeting the mainstream market with a price range of 150,000 to 250,000 yuan, leading to an 11% increase in GAC Group's stock [4] - Tesla's reported order for linear actuators from a Chinese supplier has resulted in significant stock price increases for the supplier, Sanhua Intelligent Controls [4] Construction and Materials - The issuance of 1.3 trillion yuan in special government bonds for infrastructure has boosted market expectations for demand in construction materials, with companies like China National Building Material and Anhui Conch Cement seeing stock increases of over 7% [5] - Steel stocks are also performing well due to favorable conditions in iron ore purchasing, with companies like Ansteel and Maanshan Iron & Steel rising over 7% [5] Healthcare Sector - The upcoming ESMO conference is expected to showcase significant clinical research results, with several domestic innovative drug companies set to present key findings [6] - Companies like Kelun-Biotech and Innovent Biologics have important studies included in the conference, which could attract investor interest [6] Automotive Sales - Geely Automobile reported record sales of 2,953,452 vehicles in the first three quarters of 2025, a 29% year-on-year increase, with electric vehicle sales growing by 68% [7] - The company has raised its annual sales target from 2.71 million to 3 million vehicles, reflecting strong growth momentum [8]