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Adjusts Geely Automobile's Price Target to HK$16.20 From HK$12.70, Keeps at Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2484495616","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484495616?lang=en_us&edition=fundamental","pubTime":"2024-11-18 17:40","pubTimestamp":1731922846,"startTime":"0","endTime":"0","summary":"Jefferies Adjusts Geely Automobile's Price Target to HK$16.20 From HK$12.70, Keeps at Buy","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00175"],"gpt_icon":0},{"id":"2484619044","title":"Greater China Stocks Close Mixed; Hong Kong Leads Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2484619044","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484619044?lang=en_us&edition=fundamental","pubTime":"2024-11-18 15:30","pubTimestamp":1731915000,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Stocks in Greater China were mixed on Monday.Hong Kong's Hang Seng Index rose 0.8% to 19586.88, and China's Shanghai Composite Index slipped 0.2% to 3323.85. The Taiwan Taiex index slipped 0.9% to 22546.54.Among Hang Seng constituents, Haier Smart Home Co. Ltd. posted the largest decline, falling 2.7%, followed by shares of Lenovo Group Ltd., which fell 2.2%. Shares of China Resources Beer  Co. Ltd. fell 1.8%.Geely Automobile Holdings Ltd. was the biggest gainer among companies on the Hang Seng, gaining 4.2%, and Bank of China Ltd. gained 4.2%. JD.com Inc. rounded out the top three movers on Monday, as shares gained 4.0%.Among large mainland China stocks, Hangzhou SDIC Microelectronics Inc. A posted the largest decline, dropping 15%, followed by shares of Shenzhen Xinyuren Technology Co. Ltd. A, which dropped 13%. Shares of Guangdong Skychem Technology Co. Ltd. A dropped 13%.In Taiwan, Zyxel ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRHKY","LU0264606111.USD","SG9999006597.SGD","688173","IE00BWDBJ730.SGD","LU0052756011.USD","IE00B0JY6N72.USD","LU0791590937.USD","80291","LU2097828714.EUR","LU1522347837.USD","80992","BK0231","IE0008368742.USD","LU1282651048.USD","BK1119","LNVGY","GELYY","LU2097828557.USD","LU1048588211.SGD","03988","IE00B543WZ88.USD","EVS.SI","IE00BPRC5H50.USD","LU0359202008.SGD","BK1570","IE0008369823.USD","BK1231","BK0012","BK1539","LU0072462343.USD","IE00BZ08YR35.GBP","LU1023057109.AUD","00291","03143","80175","IE00B29SXG58.USD","LU2097828474.EUR","00992","688196","BACHY","688353","601988","BK0183","00175","BK0255","BK1604","SG9999006514.SGD","688130","LU0572940350.SGD"],"gpt_icon":1},{"id":"1179339578","title":"Stock Track | Geely Auto Soars 6.53% as EV Restructuring Boosts Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1179339578","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1179339578?lang=en_us&edition=fundamental","pubTime":"2024-11-18 13:46","pubTimestamp":1731908784,"startTime":"0","endTime":"0","summary":"Shares of Geely Automobile Holdings  surged 6.53% on Monday, outperforming the broader market. The rally came after the company announced plans for its premium electric vehicle maker Zeekr to take control of Lynk & Co, a sister brand.The restructuring move was viewed positively by analysts, who believe it will streamline Geely's electric vehicle assets and improve operational efficiencies. Jefferies maintained a \"buy\" rating on Geely and raised its price target to HK$16.20, citing the start of s","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Geely Auto Soars 6.53% as EV Restructuring Boosts Outlook","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00175"],"gpt_icon":0},{"id":"2484697596","title":"BUZZ-Geely Automobile jumps as brokers lift prices after restructuring","url":"https://stock-news.laohu8.com/highlight/detail?id=2484697596","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484697596?lang=en_us&edition=fundamental","pubTime":"2024-11-18 13:43","pubTimestamp":1731908618,"startTime":"0","endTime":"0","summary":"** Shares of Geely Automobile Holdings    jump 5.9% to HK$13.96, on course for the biggest one-day pct gain since Oct. 25   ** Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand   ** Stock on track to snap five straight sessions of losses; top pct gainer in Hang Seng Index    and Hang Seng Commerce & Industry Index   , which are up 1.2% and 0.9% respectively   ** Jefferies maintains \"buy\" rating and lifts PT to HK$16.20 from HK$12.70; says restructuring marks the start of streamlining EV assets and improving operational efficiencies    ** Morningstar maintains positive view on Geely and raises fair value estimate to HK$17.50 from HK$15, saying stock is undervalued; adds that new energy vehicle initiatives show progress and investors underestimate long-term value of Zeekr and Galaxy brands   ** Hang Seng China Enterprises Index    climbs 1.5% and Hang Seng Tech Index    gains 1%     ** Geely stock up 53.6% YTD ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BZ08YT58.USD","BK1119","GELYY","IE00B0JY6N72.USD","80175","IE00BZ08YR35.GBP","00175","BK1539","EVS.SI","IE00BZ08YS42.EUR","SG9999002828.SGD","BK1589","LU0315179316.USD","BK1521"],"gpt_icon":1},{"id":"2483339423","title":"BUZZ-Geely Automobile falls on parent's major shake-up of EV brands","url":"https://stock-news.laohu8.com/highlight/detail?id=2483339423","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483339423?lang=en_us&edition=fundamental","pubTime":"2024-11-15 12:40","pubTimestamp":1731645623,"startTime":"0","endTime":"0","summary":"** Shares of Geely Automobile Holdings    fall 10.1% to HK$12.50, on course for fifth consecutive session of decline   ** Stock on track for the biggest one-day pct drop since  Oct. 8   ** Geely Holding, parent of Geely Automobile, said on Thursday its premium electric vehicle maker Zeekr    plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul   ** Zeekr will own 51% of Lynk while Geely Automobile will continue to own the rest, and the move will help avoid product overlap   ** U.S.-listed shares of Zeekr dropped 23.7% on Thursday   ** Hang Seng Commerce & Industry Index    adds 0.5%, Hang Seng Tech Index    climbs 0.9% and Hang Seng Index  adds 0.3%   ** Stock up 62% YTD ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0315179316.USD","BK1119","00175","IE00B0JY6N72.USD","BK1589","BK4099","IE00BZ08YR35.GBP","IE00BZ08YS42.EUR","IE00BZ08YT58.USD","SG9999002828.SGD","BK1521","EVS.SI","80175","GELYY","ZK","BK1539"],"gpt_icon":1},{"id":"2483240333","title":"Zeekr ADRs Tumble Following Plan to Take Majority Stake in Lynk & Co","url":"https://stock-news.laohu8.com/highlight/detail?id=2483240333","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483240333?lang=en_us&edition=fundamental","pubTime":"2024-11-15 03:05","pubTimestamp":1731611100,"startTime":"0","endTime":"0","summary":"American depositary receipts of Geely Automobile subsidiary Zeekr Intelligent Technology fell after the Chinese electric-vehicle manufacturer said it plans to acquire a 50% stake in Lynk & Co from its parent and Volvo Car.ADRs tumbled 26%, to $21.55, in afternoon trading Thursday. The company -- which planned to sell 21 million ADRs at $21 apiece during its initial public offering in May -- began trading at $26 before days later hitting a high of $32.24.The acquisition seeks to boost Zeekr's resource utilization and enhance its competitiveness in China's electric-vehicle space. Under its terms, Volvo Car agreed to sell its 30% stake in Lynk & Co to Zeekr for around $748 million, while Geely agreed to sell a 20% stake for 3.6 billion yuan, equivalent to $498.3 million, Geely said in a Hong Kong stock-exchange filing on Thursday.Zeekr also plans to inject 367.3 million yuan of capital into Lynk & Co, according to Geely.The deal, which is expected to close during the first quarter of 2025","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1119","IE00BZ08YS42.EUR","IE00BZ08YT58.USD","80175","LU0315179316.USD","BK1589","IE00BZ08YR35.GBP","IE00B0JY6N72.USD","BK1539","00175","GELYY","EVS.SI","BK4099","ZK","BK1521","SG9999002828.SGD"],"gpt_icon":1},{"id":"2483829470","title":"EV Brand Zeekr Stock Drops After Company to Take Control of Lynk","url":"https://stock-news.laohu8.com/highlight/detail?id=2483829470","media":"Reuters","labels":["corporation","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483829470?lang=en_us&edition=fundamental","pubTime":"2024-11-14 21:11","pubTimestamp":1731589862,"startTime":"0","endTime":"0","summary":"China's Geely said on Thursday its premium electric vehicle maker  $ZEEKR(ZK)$ plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the spraw","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nL1N3ML0B1:1","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":"EV Brand Zeekr Stock Drops After Company to Take Control of Lynk","news_tag":"corporation,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4099","IE00BZ08YS42.EUR","IE00BZ08YR35.GBP","00175","BK1539","ZK","BK1589","BK1521","IE00B0JY6N72.USD","IE00BZ08YT58.USD","LU0315179316.USD","SG9999002828.SGD","BK1119"],"gpt_icon":1},{"id":"2483282080","title":"Geely to Boost Stake in EV Brand; Zeekr to Take Control of Lynk in Major Shake-up","url":"https://stock-news.laohu8.com/highlight/detail?id=2483282080","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483282080?lang=en_us&edition=fundamental","pubTime":"2024-11-14 19:04","pubTimestamp":1731582245,"startTime":"0","endTime":"0","summary":"Geely Automobile  will increase its ownership in its NYSE-listed electric vehicle brand ZEEKR Intelligent Technology by acquiring the stake held by its parent firm.Geely Automobile, through subsidiary Luckview Group, will buy GIHK's 11.3% equity interest in Zeekr for $806.1 million, according to a Thursday filing with the Hong Kong Exchange.GIHK is owned by Zhejiang Geely Holding Group, which holds 41% of Geely Automobile.Upon deal completion, Geely Auto's shareholding in Zeekr will increase to 62.8% from 51.5%.In a separate disclosure, Geely said Zeekr would buy the combined 50% stake in Chinese-Swedish vehicle brand LYNK & Co. held by Zhejiang Geely and Volvo Cars  for 9 billion yuan.Once the transaction closes, Zeekr will increase Lynk's registered capital by subscribing to new shares amounting to 367.3 million yuan.This would boost Zeekr's stake in Lynk to 51%, making the sister brand its subsidiary.\"Through strategically integrating the resources of ZEEKR and LYNK & CO, the Group ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["EVS.SI","LU0315179316.USD","BK1521","BK1589","00175","IE00BZ08YR35.GBP","IE00BZ08YS42.EUR","IE00BZ08YT58.USD","BK1539","IE00B0JY6N72.USD","ZK","GELYY","SG9999002828.SGD","BK4099","80175","BK1119"],"gpt_icon":1},{"id":"2483229078","title":"Zeekr CEO: Integration with Lynk & Co to cut costs, boost production efficiency","url":"https://stock-news.laohu8.com/highlight/detail?id=2483229078","media":"Reuters","labels":["corporation","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483229078?lang=en_us&edition=fundamental","pubTime":"2024-11-14 18:39","pubTimestamp":1731580772,"startTime":"0","endTime":"0","summary":"BEIJING, Nov 14  - Zeekr ZK.N CEO Andy An said on Thursday the integration of Zeekr and Lynk & Co could reduce research and development costs by 10%-20%, materials costs by 5%-8%, and boost production capacity utilization by 3%-5%. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nP8N3LC0G7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BZ08YR35.GBP","EVS.SI","BK1521","IE00BZ08YT58.USD","BK4099","00175","BK1119","SG9999002828.SGD","ZK","GELYY","IE00BZ08YS42.EUR","80175","LU0315179316.USD","BK1539","BK1589","IE00B0JY6N72.USD"],"gpt_icon":0},{"id":"2483064824","title":"Zeekr CEO Andy an: the Integration of Zeekr, Lynk & Co Can Reduce R&D Costs by 10% to 20%, BILL of Materials Costs by 5%-8% and Increase Production Capacity Utilization by 3% to 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2483064824","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483064824?lang=en_us&edition=fundamental","pubTime":"2024-11-14 18:39","pubTimestamp":1731580770,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nP8N3LC0G7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["80175","IE00BZ08YS42.EUR","IE00BZ08YT58.USD","BK1521","BK1119","BK4099","EVS.SI","IE00BZ08YR35.GBP","LU0315179316.USD","ZK","IE00B0JY6N72.USD","GELYY","00175","BK1539","BK1589","SG9999002828.SGD"],"gpt_icon":0},{"id":"2483269829","title":"Geely's Zeekr to Take Majority Stake in Lynk & Co -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2483269829","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483269829?lang=en_us&edition=fundamental","pubTime":"2024-11-14 18:06","pubTimestamp":1731578760,"startTime":"0","endTime":"0","summary":"Geely Automobile subsidiary Zeekr plans to acquire a 50% stake in Lynk & Co from its parent and Volvo Car, as the Chinese auto group seeks to boost resource utilization and enhance its competitiveness in China's electric-vehicle space.Volvo Car agreed to sell its 30% stake in Lynk & Co to Zeekr for around $748 million, while Geely agreed to sell a 20% stake for 3.6 billion yuan, equivalent to $498.3 million, Geely said in a Hong Kong stock-exchange filing on Thursday.Zeekr also plans to inject 367.3 million yuan of capital into Lynk & Co, Geely said.Following the acquisition and the capital injection, Geely will hold a 49% stake in Lynk & Co, while Zeekr will own 51%, according to the filing. Lynk & Co will become an indirect non-wholly-owned subsidiary of Zeekr, Geely said.The move comes as Geely has been working on maximizing its advantages to become more competitive in the EV market, analysts said.\"Geely has been working on restructuring this year, and this deal is to ensure that bo","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00175","BK1521","GELYY","LU0315179316.USD","SG9999002828.SGD","BK1539","IE00BZ08YS42.EUR","IE00BZ08YT58.USD","IE00B0JY6N72.USD","BK1119","EVS.SI","BK1589","ZK","IE00BZ08YR35.GBP","80175","BK4099"],"gpt_icon":1},{"id":"2483842942","title":"Geely Automobile - 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