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GEELY AUTO Spikes 7%+ in Early Session after Chair Li Shufu Adds Stake with $300M+
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GEELY AUTO (00175.HK) opened up 3.5% today (28th). With wilder upswing, it peaked at $14.4. It last printed at $14.1, up 7.31%, on volume of 11.865 million shares and turnover of $166 million. According to the disclosure document, Zhejiang Geely, a subsidiary of GEELY AUTO Chairman Li Shufu, 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%. AAStocks Financial News |
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