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Zeekr Has Yet to Make Any Decisions on GEELY AUTO's Privatization Proposal
Regarding GEELY AUTO (00175.HK)'s privatization proposal, Zeekr (ZK.US) issued an announcement stating that its board of directors had established a special committee composed ...
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Zeekr Has Yet to Make Any Decisions on GEELY AUTO's Privatization Proposal
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Regarding GEELY AUTO (00175.HK)  +0.200 (+1.045%)    Short selling $88.35M; Ratio 9.647%   's privatization proposal, Zeekr (ZK.US)      issued an announcement stating that its board of directors had established a special committee composed of independent directors of the company who are not related to the privatization proposal to evaluate the preliminary non-binding privatization proposal received from the controlling shareholder GEELY AUTO on May 7.

Nevertheless, no decision has been made yet regarding the privatization proposal or any other strategic options the company may choose.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-15 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsJPM Expects GEELY AUTO (00175.HK) Zeekr Privatization to Help Improve Synergies/ Cost Competitiveness w/ TP $23/ Rating Overweight

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