Geely Shares Fall Sharply on Zeekr's Plans to Take Majority Stake in Lynk & Co
Geely Automobile's Hong Kong-listed shares fell sharply after it disclosed subsidiary Zeekr plans to take control of Lynk & Co, raising investor concerns over the impact of the deal. Shares of Geely fell 6.5% to 13.00 Hong Kong dollars, equivalent to US$1.67. The benchmark Hang Seng Index was last up 0.65%.
Li Shufu, the billionaire who controls one of China’s biggest electric vehicle (EV) makers, is consolidating his business ...
Geely-controlled car brands Zeekr and Lynk & Co are aiming to double annual sales from this year’s levels to 1 million units ...
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Geely moves to further integrate its automotive brands"Geely moves to further integrate its automotive brands" was originally created and published by Just Auto, a GlobalData ...
China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of sister brand Lynk & Co - ...
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