The latest update is out from Geely Automobile Holdings ( (HK:0175) ).
Geely Automobile Holdings Limited announced the unaudited pro forma condensed combined financial information of its subsidiary, ZEEKR Intelligent Technology Holding Limited, following the acquisition of LYNK & CO. This financial information, filed with the U.S. Securities and Exchange Commission, reflects the combined financial data of ZEEKR and LYNK & CO as if the acquisition occurred on January 1, 2023. The announcement highlights the strategic integration of these entities, potentially enhancing Geely’s market positioning and operational capabilities in the automotive industry.
More about Geely Automobile Holdings
Geely Automobile Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the automotive industry. It focuses on manufacturing and selling automobiles, with a market presence in both Hong Kong and the United States through its subsidiaries and associated brands.
YTD Price Performance: 27.07%
Average Trading Volume: 67,324
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $23.31B
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