GEELY AUTO (00175.HK) +0.840 (+4.600%) Short selling $168.15M; Ratio 12.914% announced the privatization of Zeekr (ZK.US) , offering shareholders the option to receive either US$2.687 per share in cash or 1.23 consideration shares, Morgan Stanley released a research report saying. The acquisition price represents a 4.7% premium over the previous offer, involving a maximum total consideration of approximately US$2.4 billion (equivalent to about RMB17.2 billion) or nearly 1.1 billion shares.Related NewsJPM Adjusts TPs for LEAPMOTOR/ XPENG to $90/ $100Morgan Stanley believed that the privatization will drive deep integration and synergy across GEELY AUTO's brands and reduce redundant investments, thereby further enhancing GEELY AUTO's competitiveness. Therefore, the broker kept rating at Overweight on GEELY AUTO, with a target price of $21.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)