Geely climbs most in 10 weeks on EU's driver assistance system approval

Geely Automobile Holdings

10/06/2026 04:05

** Shares of China's Geely Automobile 0175.HK climb 4.7% to HK$19.44, on course for the biggest one-day pct gain since April 2
** Stock touches the highest level since May 28 in the second rising session; second biggest pct gainer in Hang Seng Auto Driving Index .HSAMI, which falls 4.5%
** A driver assistance system developed by Geely 0175.HK has been certified to operate in the European Union, the first time a Chinese auxiliary driving system meets those standards, the automaker said in a statement
** Geely said its Geely Afari Smart Driving system has met the United Nations' UN R171 regulatory certification standards and it expects to launch the first model equipped with the system in Europe in 2026
** YTD, stock up 7%, while benchmark Hang Seng Index .HSI down 5.2%



 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))