🔴 Geely Automobile is trading 4.1% down today after quarterly profit fell short of estimates

Geely Automobile is trading 4.1% down at HK$13.61, with the profit miss a possible explanation for the decline.

• Third-quarter revenue and profit rose year over year; reported profit of 4.84 billion yuan missed the 5.19 billion yuan analyst estimate.
• The company also reported rising core profit.
• Coverage noted shares turned lower during the session after earlier gains; evidence points to earnings expectations, not a confirmed broader-market cause.