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ting90
2021-08-30

BUZZ-HK-listed Geely rises most in over 4 weeks on EV brand Zeekr fundraising cheer

** Shares of Geely Automobile Holdings Ltd rise 6% to HK$27.35, the biggest daily percentage gain

BUZZ-HK-listed Geely rises most in over 4 weeks on EV brand Zeekr fundraising cheer

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the second biggest percentage gainer on both the Hang Seng China Enterprises Index</p><p>  and the Hang Seng Index   </p><p>   ** Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel Capital   , battery maker CATL</p><p>  and online entertainment firm Bilibili   </p><p>   ** Zeekr is jointly owned by Geely Automobile and its parent Zhejiang Geely Holding Group   </p><p>   ** Brokerage Daiwa says the deal implies a 58 bln yuan valuation at the pre-A financing round and it sees the high valuation as positive for investor sentiment on Geely</p><p>   ** Zeekr will likely introduce other investors and attract an even higher valuation in the future - Daiwa  </p><p>   ** The Hong Kong Hang Seng Commerce &amp; Industry Index    rises 1.1%, and the Hang Seng Composite Index    climbs 0.4%</p><p>   ** The Hang Seng China Enterprises Index    and the benchmark index    both gain 0.2%</p><p>(Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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the second biggest percentage gainer on both the Hang Seng China Enterprises Index</p><p>  and the Hang Seng Index   </p><p>   ** Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel Capital   , battery maker CATL</p><p>  and online entertainment firm Bilibili   </p><p>   ** Zeekr is jointly owned by Geely Automobile and its parent Zhejiang Geely Holding Group   </p><p>   ** Brokerage Daiwa says the deal implies a 58 bln yuan valuation at the pre-A financing round and it sees the high valuation as positive for investor sentiment on Geely</p><p>   ** Zeekr will likely introduce other investors and attract an even higher valuation in the future - Daiwa  </p><p>   ** The Hong Kong Hang Seng Commerce &amp; Industry Index    rises 1.1%, and the Hang Seng Composite Index    climbs 0.4%</p><p>   ** The Hang Seng China Enterprises Index    and the benchmark index    both gain 0.2%</p><p>(Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","09626":"哔哩哔哩-W","00175":"吉利汽车"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163200344","content_text":"** Shares of Geely Automobile Holdings Ltd    rise 6% to HK$27.35, the biggest daily percentage gain since July 29   ** Stock hits the highest since Aug. 19; the second biggest percentage gainer on both the Hang Seng China Enterprises Index  and the Hang Seng Index      ** Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel Capital   , battery maker CATL  and online entertainment firm Bilibili      ** Zeekr is jointly owned by Geely Automobile and its parent Zhejiang Geely Holding Group      ** Brokerage Daiwa says the deal implies a 58 bln yuan valuation at the pre-A financing round and it sees the high valuation as positive for investor sentiment on Geely   ** Zeekr will likely introduce other investors and attract an even higher valuation in the future - Daiwa     ** The Hong Kong Hang Seng Commerce & Industry Index    rises 1.1%, and the Hang Seng Composite Index    climbs 0.4%   ** The Hang Seng China Enterprises Index    and the benchmark index    both gain 0.2%(Reporting by Donny Kwok)((donny.kwok@thomsonreuters.com))","news_type":1,"symbols_score_info":{"00175":0.9,"09626":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1274,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}