Geely to reorganise Zeekr, Lynk units as founder, investors extract US$2 billion
Li Shufu, the billionaire who controls one of China’s biggest electric vehicle (EV) makers, is consolidating his business under his Hong Kong-listed flagship Geely Auto. He and his associates will extract more than US$2 billion by selling their stakes in the process.
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%.
ZEEKR Intelligent Technology Holding Limited Sponsored ADR (ZK) has released an update. ZEEKR Intelligent Technology has announced strategic integration transactions with Geely entities to enhance its ...
Zeekr (ZK) announced its entry into strategic integration transactions with certain Geely entities, including Zhejiang Geely, a PRC limited ...
The Geely brand Zeekr is now active in three European countries. The first Zeekr 001 was delivered in Norway in November. It ...
GlobalData on MSN1d
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 ...
Geely Automobile Holdings (HK:0175) has released an update. ZEEKR Intelligent Technology Holding Limited, a subsidiary of Geely Automobile ...
Guangzhou (Gasgoo)- On November 15, Geely's new energy vehicle brand ZEEKR unveiled its advanced Haohan 2.0 Plus intelligent driving architecture ("Haohan" is named in Chinese pinyin) at the Auto ...
While Zeekr might call itself a “pure electric vehicle brand” (go look at its official website, a report by CarNewsChina ...
Macquarie analyst Eugene Hsiao raised the firm’s price target on Zeekr (ZK) to $38 from $31 and keeps an Outperform rating on the shares ...
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