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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Geely Automobile Holdings Limited    175   KYG3777B1032

GEELY AUTOMOBILE HOLDINGS LIMITED

(175)
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End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 10/23
16.3 HKD   0.00%
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Geely Shares Rise as Car Maker Proceeds With $2.9 Billion A-Share Listing

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09/01/2020 | 11:38pm EDT

By Martin Mou

Geely Automobile Holdings Ltd. shares rose as much as 4.6% Wednesday, as investors cheered the company's progress to list on the Shanghai Stock Exchange's Star board.

The company late Tuesday said its application to list on the board had been accepted by the exchange.

Geely, whose parent controls Volvo AB, expects to raise as much as 20 billion yuan ($2.93 billion) via its A-share listing.

The company plans to sell up to 1.73 billion new A-shares, according to its draft prospectus filed to the Shanghai bourse.

It aims to use the proceeds mainly to finance development of new car models and for cutting-edge technologies.

Geely, whose shares are already traded in Hong Kong, has appointed CICC and Huatai United Securities to lead the share sale in its home market.

Shares were last up 1.2% at HK$17.30.

 

Write to Martin Mou at martin.mou@wsj.com

 


Stocks mentioned in the article
ChangeLast1st jan.
AB VOLVO -3.63% 176.8 Delayed Quote.12.68%
GEELY AUTOMOBILE HOLDINGS LIMITED 0.00% 16.3 End-of-day quote.6.96%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.11% 6.68921 Delayed Quote.-3.77%
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All news about GEELY AUTOMOBILE HOLDINGS LIMITED
10/26Geely's new EV plant will build premium Polestar cars - sources
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10/20China Is Experiencing a Boom in Share Sales
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Financials
Sales 2020 92 254 M 13 766 M 13 766 M
Net income 2020 7 232 M 1 079 M 1 079 M
Net cash 2020 17 344 M 2 588 M 2 588 M
P/E ratio 2020 18,6x
Yield 2020 1,35%
Capitalization 138 B 20 639 M 20 587 M
EV / Sales 2020 1,31x
EV / Sales 2021 1,09x
Nbr of Employees 38 000
Free-Float 58,5%
Chart GEELY AUTOMOBILE HOLDINGS LIMITED
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Geely Automobile Holdings Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends GEELY AUTOMOBILE HOLDINGS LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 31
Average target price 16,37 CNY
Last Close Price 14,06 CNY
Spread / Highest target 94,5%
Spread / Average Target 16,4%
Spread / Lowest Target -48,9%
EPS Revisions
Managers
NameTitle
Sheng Yue Gui Chief Executive Officer & Executive Director
Wen Ze Xu President
Shu Fu Li Chairman
Siu Lun Ang Executive Director
Jian Yang Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
GEELY AUTOMOBILE HOLDINGS LIMITED6.96%20 639
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