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GEELY AUTO Climbs 2%+ on Proposed Zeekr Privatization
Recommend 27 Positive 40 Negative 11 |
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GEELY AUTO (00175.HK) leaped 2.27% to $17.16 in the morning session, with 15.511 million shares traded, involving $259 million, after opening flat this morning. The Company announced after the market closed yesterday that it proposes to privatize Zeekr (ZK.US) at a premium of approx. 13.6% to the closing price of Zeekr's ADSs on the New York Stock Exchange (NYSE) on the last trading day. Zeekr's US stock closed at $25.19 overnight, surging 11.51%. AAStocks Financial News |
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