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GEELY AUTO Climbs 2%+ on Proposed Zeekr Privatization
GEELY AUTO (00175.HK) leaped 2.27% to $17.16 in the morning session, with 15.511 million shares traded, involving $259 million, after opening flat this morning.The Company announce...
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GEELY AUTO Climbs 2%+ on Proposed Zeekr Privatization
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GEELY AUTO (00175.HK)  +0.840 (+4.795%)    Short selling $374.63M; Ratio 15.849%   leaped 2.27% to $17.16 in the morning session, with 15.511 million shares traded, involving $259 million, after opening flat this morning.

The Company announced after the market closed yesterday that it proposes to privatize Zeekr (ZK.US)      at a premium of approx. 13.6% to the closing price of Zeekr's ADSs on the New York Stock Exchange (NYSE) on the last trading day. Zeekr's US stock closed at $25.19 overnight, surging 11.51%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-09 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsCLSA Reiterates Rating at High Conviction Outperform for GEELY AUTO (00175.HK) as Zeekr Privatization Expected to Reduce Operating Leverage

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