Edition:
United Kingdom

Geely Automobile Holdings Ltd (0175.HK)

0175.HK on Hong Kong Stock

12.24HKD
23 Jan 2019
Change (% chg)

HK$-0.16 (-1.29%)
Prev Close
HK$12.40
Open
HK$12.40
Day's High
HK$12.46
Day's Low
HK$12.12
Volume
45,067,543
Avg. Vol
61,445,401
52-wk High
HK$27.95
52-wk Low
HK$10.08

Latest Key Developments (Source: Significant Developments)

Geely Said To Cut Its 9.7 Pct Stake In Daimler By More Than Half - Bloomberg
Friday, 11 Jan 2019 

Jan 11 (Reuters) - :GEELY SAID TO CUT ITS 9.7 PERCENT STAKE IN DAIMLER BY MORE THAN HALF - BLOOMBERG, CITING SOURCES.  Full Article

Geely Automobile's Unit Enters Joint Venture Agreement With CATL Battery
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::UNIT ENTERED JOINT VENTURE AGREEMENT WITH CATL BATTERY.REGISTERED CAPITAL OF JV CO WILL BE RMB1 BILLION AND WILL BE CONTRIBUTED AS TO 49% IN CASH BY UNIT.DEAL TO SET UP JV CO WHICH ENGAGES IN RESEARCH AND DEVELOPMENT, MANUFACTURE AND SALE OF BATTERY CELLS AND OTHERS.  Full Article

Geely Automobile Posts November Total Sales Volume Of 141,661 Units, Up 0.3%
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::NOVEMBER TOTAL SALES VOLUME 141,661 UNITS, UP 0.3%.  Full Article

Geely Automobile Holdings Says Sept Total Sales Volume Up 14 Pct
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::TOTAL SALES VOLUME FOR MONTH OF SEPTEMBER 2018 WAS 124,429 UNITS, UP 14%.  Full Article

Geely Automobile Holdings Enters Supply, Services & Asset Acquisition Deals
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::GROUP TO SUPPLY, & GEELY HOLDING GROUP & LYNK & CO GROUP TO PROCURE, AUTOMOBILE PARTS AND COMPONENTS MANUFACTURED BY GROUP.GROUP TO PROVIDE WAREHOUSE SERVICES FOR AFTER- SALES PARTS AND OTHER AUTOMOBILE COMPONENTS OF LYNK & CO GROUP.GROUP AGREED TO PURCHASE TARGET ASSETS FROM GEELY HOLDING GROUP FOR A MAXIMUM CONSIDERATION OF ABOUT RMB679.9 MILLION.  Full Article

Geely Automobile Holdings Says Unit To Buy Taizhou Binhai Geely Engine Co Ltd For RMB781.3 Mln
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::UNIT ZHEJIANG DONGLI TO BUY TAIZHOU BINHAI GEELY ENGINE CO LTD FROM TAIZHOU ENGINES FOR RMB781.3 MILLION.UNIT ZHEJIANG DONGLI TO BUY GUIZHOU GEELY ENGINE CO LTD FROM GUIYANG ENGINES FOR RMB484 MILLION.CO AND GEELY HOLDING ENTERED INTO AUTOMOBILE COMPONENTS PROCUREMENT AGREEMENT.  Full Article

Geely Automobile To License Intellectual Properties To Geely Holding
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::TO SELL CBUS, CKDS & RELATED AFTER-SALES PARTS OF LICENSED MODELS FOR A TERM OF THREE YEARS ENDING ON 31 DEC 2020 TO GEELY HOLDING.TOTAL LICENSE FEE FOR INTELLECTUAL PROPERTIES IS RMB1.34 BILLION.ENTERED LICENSING AGREEMENT WITH GEELY HOLDING PURSUANT TO LICENSE INTELLECTUAL PROPERTIES AND FOREGROUND INTELLECTUAL PROPERTIES.  Full Article

Geely And Smart Eye Collaborate To Make Semi-Autonomous Car In 2019
Friday, 31 Aug 2018 

Smart Eye Ab (Publ) ::GEELY AND SMART EYE COLLABORATE TO MAKE SEMI-AUTONOMOUS CAR IN 2019.GEELY AUTO GROUP WILL WORK WITH SMART EYE ON DEVELOPMENT OF A NEW RANGE OF HIGH-END SAFETY SYSTEMS.GEELY AND SMART EYE WILL FURTHER DEVELOP TECHNOLOGY TO PRODUCE SEMI-AUTONOMOUS CAPABLE CARS IN 2019.  Full Article

Geely Automobile Holdings Says HY Profit Attributable To Equity Holders Of Co Rmb6.67 Bln
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::HY PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY RMB6.67 BILLION VERSUS RMB4.34 BILLION.HY TOTAL REVENUE RMB 53.71 BILLION VERSUS RMB39.42 BILLION.IN REMAINDER OF 2018, GROUP PLANS TO LAUNCH ITS FIRST MPV MODEL.CONFIDENT TO ACHIEVE AND BELIEVES IT IS LIKELY TO EXCEED FULL YEAR SALES VOLUME TARGET OF 1,580,000 UNITS IN 2018.TARGETING TO REACH TOTAL SALES VOLUME OF 2 MILLION UNITS ON OR BEFORE 2020.  Full Article

DRB-HICOM's PROTON & Zhejiang Geely Holding Sign Agreement To Set Up JV
Monday, 20 Aug 2018 

Aug 20 (Reuters) - DRB-HICOM Berhad : :PROTON HOLDINGS BERHAD AND ZHEJIANG GEELY HOLDING GROUP SIGNED HEADS OF AGREEMENT TO SET UP JV; TO TAKE UP EQUAL EQUITY IN JV.JV TO SET-UP PRODUCTION FACILITY IN CHINA TO ASSEMBLE VEHICLES, & DEVELOP NETWORK OF DEALERS TO MARKET THE PROTON RANGE IN CHINA.  Full Article

Photo

Volvo recalls over 200,000 cars to fix fuel leak issue

STOCKHOLM Volvo Cars, which is owned by China's Zhejiang Geely Holding Group [GEELY.UL], is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time.