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Chairman Li Shufu Adds Stake in GEELY AUTO for 2 Straight Days, Involving $300M+
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GEELY AUTO (00175.HK) Chairman Li Shufu increased his stake in the company for two consecutive days. According to the disclosure document, Zhejiang Geely, a subsidiary of Li, added its stake in GEELY AUTO by 16.4 million shares at an average price of $13.01 per share on November 26, and by another 7.8 million shares at an average price of $13.11 per share on November 27, with a total amount of $315.6 million.

Zhejiang Geely's shareholding in GEELY AUTO has accumulated from 39% to 39.22%. Yesterday (27th), GEELY AUTO closed at $13.14.

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