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 ...
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 ...
Geely-controlled car brands Zeekr and Lynk & Co are aiming to double annual sales from this year’s levels to 1 million units ...
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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