Geely Automobile Holdings Ltd (0175)

19.22
+0.30(+1.59%)
  • Volume:
    53,816,233
  • Bid/Ask:
    19.20/19.22
  • Day's Range:
    18.60 - 19.22

0175 Comments

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(100)
  • BEIJING/SHANGHAI (Reuters) - China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler (OTC:DDAIF), said on Tuesday it has signed an agreement with Tencent Holdings (OTC:TCEHY) Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the fast-evolving sector, the companies will jointly develop smart car cockpits to have more mobile and mobility service applications, and explore testing of autonomous driving, Geely said in a statement. The deal with Tencent, which has investments in EV makers including Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO), is developing smart car technologies, is the third recent partnership by Hangzhou-based Geely with companies involved in the tech sector. Geely said this month it would launch a smart electric vehicle (EV) company with Baidu Inc (NASDAQ:BIDU) and later that it would form a separate venture with Foxconn to provide contract manufacturing for automakers.
    0
    • Geely Amazon great
      1
      • Geely and Apple supplier Foxconn are entering into a partnership. They are founding a joint venture for contract manufacturing and consulting services for car manufacturers and mobility companies.
        0
        • must be a reaction about the Hyundai-Apple news but I think in this case a very welcomed one ; )
          0
          • I believe it's actually baidu and geely partnership.
            0
          • Baidu is like Google china so i think it's a huge deal for Geely to partner up with them.
            0
        • huge news - https://www.bloomberg.com/news/articles/2021-01-08/china-s-baidu-is-said-to-team-with-geely-to-make-electric-cars
          0
          • Next Tesla
            0
            • better. polestar, Volvo, Benz relationships
              0
          • that’s a nice finish of 2020. may it continue like this next year:)
            0
            • https://www.elektroauto-news.net/2020/lynk-co-zero-ev-700-km-reichweite-akku-lebensdauer-2-millionen-km
              0
              • Amazing car with good tecnology
                0
              • https://www.greencarreports.com/news/1130640_geely-s-zero-ev-project-is-already-a-prototype-435-mile-range-deliveries-in-2021
                0
              • Everyone enthuses about Tesla or Nio. But for me, Zero EV is way more awesome. In addition, the Geely share has a lot of upside potential. The stock will rise slowly but steadily because the investment gamblers are with Nio.
                0
            • crap stock. all other electric car makers have incresed multiple times in the last few month.overhyped tesla left alone
              3
              • buy long term, Polestar 2 will exceed TSLA for sure
                1
                • This thing will explode soon. Buy now before its too late. I added more. Long on 10k
                  0
                  • Keep watching that Polestar 2, it is direct competition for Tesla and also made in China.
                    0
                    • this thing is so sad...all electric car makers on highs, here basically no or even negative trend
                      0
                      • We do not know enough of what ishoing on with Geely to invest intelligently rught know.
                        0
                    • it seems that Geely Automobile is on the correct path to success....when do you guys think it will get there???
                      0
                      • it will fly when you sell it. hold your mind
                        0
                      • fundamentals are good, unfortunately people are just looking for big money. This stake is good, same for Renault. Invest for 1 year, u will have nice return.
                        0
                    • will go to moon
                      0
                      • still no worries in the Long term… :)
                        0
                        • now we are talking. now a nice short squeeze like tesla please :)see you at 100 in a few days ;)
                          0
                          • doesnt geely also build electric cars, just as tesla? and isnt geely even profitable? wrong world
                            0
                            • after a long snd stable climb up to 16 i decided to go in big and here we go. ********virus and whatnot pushing it down within a few days. while tesla is massively overhyped, poor geely seems to be very unlucky, as all its investors :(
                              0
                              • for the news rather stanle today so far.still a sad development since almost 2 years now
                                0
                                • anyone in geely??
                                  0
                                  • 27 to 11 , great investment ‘fu
                                    1
                                    • don't worry it will come back. patience
                                      0
                                  • oh geely, geely... where are You going, geely... :'(
                                    0
                                    • https://www.wsj.com/articles/watch-out-for-chinas-slowing-car-sales-1533813954
                                      0
                                      • That's mostly because of the peer to peer lending ***up. But over time it will recover and borrowers will find their way to regulated peer to peer platforms again. Geely is an extremely smart investment.
                                        0
                                      • You got that right
                                        0
                                    • The price will drop dramatically.. On the one hand, current policy in China (the state should also be allowed to interfere in private companies). and on the other hand because from 2018 onwards American and European car manufacturers will be offering their electric cars. and on the other hand because sanctions against dumping prices from China (also for cars) will increase in the EU from 2018 onwards.. . In other words, I don't see any future prospects for Geely from 2018 onwards.
                                      2
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