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Geely Automobile Holdings ( (HK:0175) ) just unveiled an update.
Geely Automobile Holdings Limited has announced a non-binding proposal for the proposed privatization of its listed subsidiary, ZEEKR Intelligent Technology Holding Limited. This move, involving ZEEKR, which is listed on the New York Stock Exchange, signals a strategic shift that could impact Geely’s market positioning and influence stakeholders’ investment decisions.
More about Geely Automobile Holdings
Geely Automobile Holdings Limited is a company incorporated in the Cayman Islands, operating in the automotive industry. It is known for its production and sales of automobiles and related components, with a market focus that includes both domestic and international markets.
Average Trading Volume: 96,122,664
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$168.7B
For a thorough assessment of 0175 stock, go to TipRanks’ Stock Analysis page.