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Geely Automobile Holdings Ltd (0175.HK)

0175.HK on Hong Kong Stock

12.44HKD
18 Jun 2019
Change (% chg)

HK$0.12 (+0.97%)
Prev Close
HK$12.32
Open
HK$12.30
Day's High
HK$12.48
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HK$12.16
Volume
39,500,893
Avg. Vol
75,878,399
52-wk High
HK$23.00
52-wk Low
HK$10.08

Latest Key Developments (Source: Significant Developments)

Geely Automobile Holdings Says Unit Entered Into Joint Venture Agreement With Lg Chem
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::UNIT ENTERED INTO JOINT VENTURE AGREEMENT WITH LG CHEM.PARTIES AGREED TO ESTABLISH JOINT VENTURE TO PRINCIPALLY ENGAGE IN PRODUCTION AND SALES OF BATTERIES FOR EVS.REGISTERED CAPITAL OF JV WILL BE US$188 MILLION AND WILL BE CONTRIBUTED AS TO 50% AND 50% BY SHANGHAI MAPLE GUORUN AND LG CHEM.PARTIES AGREED TO ESTABLISH JOINT VENTURE TO PRINCIPALLY ENGAGE IN PRODUCTION AND SALES OF BATTERIES FOR EVS.  Full Article

Geely Automobile Posts May Total Sales Volume Of Group 90,309 Units
Monday, 10 Jun 2019 

June 10 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::MAY TOTAL SALES VOLUME OF GROUP WAS 90,309 UNITS A DECREASE OF ABOUT 27%.OF TOTAL SALES VOLUME IN MAY, 10,155 UNITS WERE NEW ENERGY AND ELECTRIFIED VEHICLES.  Full Article

Zhejiang Geely Holding Increase Stake In Geely Automobile Holdings - HKEx Filing
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::ZHEJIANG GEELY HOLDING GROUP COMPANY LIMITED BUYS 55.03 MILLION SHARES IN GEELY AUTOMOBILE HOLDINGS LTD <<<0175.HK>>> AT HK$17.62 EACH ON APRIL 12 - HKEX FILING.ZHEJIANG GEELY HOLDING GROUP COMPANY LIMITED OWNS 45.54 PERCENT STAKE IN GEELY AUTOMOBILE HOLDINGS LTD AFTER THE TRANSACTION FROM 44.93 PERCENT PREVIOUSLY - HKEX FILING.  Full Article

Geely Automobile Holdings Says February Total Sales Volume Fell By 24 Pct
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>::FEBRUARY TOTAL SALES VOLUME 83,552 UNITS, DOWN 24%.GROUP'S EXPORTS VOLUME WAS UP MORE THAN SIXFOLD YEAR-ON-YEAR TO 11,861 UNITS IN FIRST TWO MONTHS OF 2019.  Full Article

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

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U.S. denies Tesla, GM, Uber 25% Chinese tariff relief

WASHINGTON The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride-hailing company Uber's petition to waive tariffs on electric scooters and at least 50 separate requests by General Motors Co.