0175.HK - Geely Automobile Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
15.160
+0.380 (+2.57%)
At close: 4:08PM HKT
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Previous Close14.780
Open14.820
Bid0.000 x 0
Ask0.000 x 0
Day's Range14.780 - 15.160
52 Week Range12.840 - 29.800
Volume52,799,720
Avg. Volume61,569,884
Market Cap136.125B
Beta (3Y Monthly)1.60
PE Ratio (TTM)10.63
EPS (TTM)1.427
Earnings DateAug 14, 2018 - Aug 20, 2018
Forward Dividend & Yield0.29 (2.01%)
Ex-Dividend Date2018-06-08
1y Target Est22.59
  • Reuters4 days ago

    Factbox - German cities ban older diesel cars

    Germany's cities have for years flouted Europe's clean air rules, prompting environmental groups to sue local governments in an attempt to force bans of some heavily polluting vehicles. Diesel car sales in Germany fell to 31.1 percent of the total in the first half of 2018 from 41.3 percent a year earlier, while in the European Union sales declined by 16 percent during the period. After a court ruling in Cologne on Nov. 8, imposing diesel driving bans in certain areas of West Germany's Cologne and Bonn, another court ruled on Thursday that authorities must also ban diesel carts from parts of two other cities and a busy motorway in Germany's industrial heartland.

  • Reuters13 days ago

    BRIEF-Geely Automobile Oct Sales Volume 128,986 Units

    Nov 6 (Reuters) - Geely Automobile Holdings Ltd: * SALES VOLUME OF GROUP FOR MONTH OF OCTOBER 2018 WAS 128,986 UNITS * EXPORTS VOLUME WAS UP AROUND 76% YEAR-ON-YEAR TO 1,332 UNITS IN MONTH OF OCTOBER Source ...

  • Reuters14 days ago

    Geely, China aerospace firm agree to work on supersonic trains

    Chinese automaker Zhejiang Geely Holding Group [GEELY.UL] said on Tuesday it signed an agreement with China Aerospace Science and Industry Corp (CASIC) [SASAAI.UL] to jointly develop "supersonic" trains in the country. The strategic framework agreement aims to combine two technologies – magnetic levitation to eliminate ground friction, and vacuum tubes to reduce air resistance – to achieve a "hypersonic" mode of transportation, Geely said in a statement. China runs the world's longest high-speed rail line and is looking to build its own supersonic transport network.

  • Reuters14 days ago

    Geely, China aerospace firm agree to work on supersonic trains

    Chinese automaker Zhejiang Geely Holding Group [GEELY.UL] said on Tuesday it signed an agreement with China Aerospace Science and Industry Corp (CASIC) [SASAAI.UL] to jointly develop "supersonic" trains in the country. The strategic framework agreement aims to combine two technologies – magnetic levitation to eliminate ground friction, and vacuum tubes to reduce air resistance – to achieve a "hypersonic" mode of transportation, Geely said in a statement. China runs the world's longest high-speed rail line and is looking to build its own supersonic transport network.

  • Reuters15 days ago

    How Hyundai Motor, once a rising star, lost its shine

    SEOUL/DETROIT/CHONGQING, China (Reuters) - At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market. A nearby Nissan dealership was selling about 400 vehicles a month, a store manager there said. An hour's drive away is Hyundai's massive $1 billion manufacturing plant, which opened last year with a target to produce 300,000 vehicles per year.

  • Reuters21 days ago

    China's BYD expects 2018 profit to fall by a third as competition rises

    BEIJING/SHANGHAI (Reuters) - Chinese electric carmaker BYD Co Ltd (1211.HK), which is backed by U.S. investor Warren Buffett, said on Monday it expected full-year net profit to drop almost a third as competition heats up in the world's largest auto market. China's market for electric cars is booming, but profits in the sector have been squeezed by intense competition between established firms and start-up rivals, as well as moves by Beijing to slash subsidies for the market. The Shenzhen-based firm posted a 1.9 percent fall in third quarter net profit to 1.05 billion yuan ($150.97 million), down from 1.07 billion yuan a year earlier.

  • Simply Wall St.22 days ago

    Why Geely Automobile Holdings Limited’s (HKG:175) CEO Pay Matters To You

    Sheng Gui has been the CEO of Geely Automobile Holdings Limited (HKG:175) since 2006. First, this article will compare CEO compensation with compensation at other large companies. Then we’ll look Read More...

  • Reuters25 days ago

    Higher tariffs, launch costs hurt Volvo Cars' third-quarter income

    The company said operating income fell to 1.84 billion Swedish crowns ($201.5 million) in the quarter ended Sept. 30, from 3.67 billion Swedish crowns a year earlier. Carmarkers have issued a string of warnings in recent weeks as the introduction of tougher European regulations on emissions has further clouded the outlook for the auto industry which is already grappling with the impact of an escalating trade war and slowing growth in major market China. Volvo said on Friday slowing economic growth and intensifying trade challenges have hurt demand for passenger cars in China, but consumer appetite in its biggest market remained strong for its premium models.

  • Volvo Cars Furthers Green Initiative With Stake in FreeWire Technologies
    GuruFocus.com25 days ago

    Volvo Cars Furthers Green Initiative With Stake in FreeWire Technologies

    In pursuit of its goal to produce fully electric vehicles, Swedish luxury carmaker Volvo Cars, which is owned by China's Geely Automobile Holdings Ltd. (HKSE:00175)(GELYF), announced on Wednesday it has invested in FreeWire Technologies Inc. Warning! GuruFocus has detected 5 Warning Signs with F. Click here to check it out. The investment was made via the recently formed Volvo Cars Tech Fund.

  • The Wall Street Journal26 days ago

    Daimler Starts Ride-Hailing Venture with China’s Geely

    SHANGHAI—Daimler AG and Zhejiang Geely Holding Group Co. will form a premium ride-hailing company in China, using the German auto maker’s Mercedes-Benz cars and electric vehicles made by Geely, the companies said Wednesday. A partnership between the Chinese car maker and Daimler has looked likely ever since Geely Chairman Li Shufu amassed a 9.7% stake in Daimler in February, becoming its largest shareholder. Geely also owns Sweden’s Volvo Car Group.

  • Reuters26 days ago

    Daimler and Geely in ride-hailing tie-up in China

    Germany's Daimler (DAIGn.DE) is setting up a ride-hailing joint venture in China with Geely Group [GEELY.UL], in a sign the Chinese firm is making progress in its drive for closer relations with the maker of Mercedes-Benz cars. The deal creates a new competitor to Didi Chuxing, which currently dominates a Chinese ride-hailing market that has shown explosive growth in recent years, expanding from 30 million users in 2014 to 217 million in 2017, according to Bain & Co. The market is currently worth $23 billion, more than all other ride-hailing markets combined, and Didi accounts for 90 percent of all bookings, the consulting firm said.

  • Daimler and Geely in ride-hailing tie-up in China
    Reuters26 days ago

    Daimler and Geely in ride-hailing tie-up in China

    Germany's Daimler (DAIGn.DE) is setting up a ride-hailing joint venture in China with Geely Group [GEELY.UL], in a sign the Chinese firm is making progress in its drive for closer relations with the maker of Mercedes-Benz cars. The deal creates a new competitor to Didi Chuxing, which currently dominates a Chinese ride-hailing market that has shown explosive growth in recent years, expanding from 30 million users in 2014 to 217 million in 2017, according to Bain & Co. The market is currently worth $23 billion, more than all other ride-hailing markets combined, and Didi accounts for 90 percent of all bookings, the consulting firm said.

  • Chinese Stocks Rally Most Since 2016 as State Steps Up Support
    Bloomberg29 days ago

    Chinese Stocks Rally Most Since 2016 as State Steps Up Support

    President Xi Jinping vowed “unwavering” support for non-state firms over the weekend, the country’s stock exchanges committed to help manage share-pledge risks, and the government released a plan to cut personal income taxes. Losses accelerated this month as traders zeroed in on the risks associated with $600 billion of Chinese shares that have been pledged as collateral for loans.

  • Reuterslast month

    Demand outlook, emissions worries put brakes on truckmaker Volvo

    Swedish truckmaker Volvo (VOLVb.ST) forecast slower demand for trucks in Europe and China next year, fuelling investor concerns these major markets may have peaked and sending its shares into reverse. It also gave no clarity on the potential costs of fixing an emissions issue with some trucks and buses sold in North America and Europe disclosed this week, causing its stock to fall 4.8 percent despite its third-quarter profit having topped consensus. Volvo, which also makes construction equipment and engines, forecast truck market demand in China would fall about 13 percent to 970,000 units next year and predicted a contraction in Europe of about 5 percent to 300,000 units.

  • Investing.comlast month

    Chinese Carmaker Geely Dispels Rumors of Family Ties with President

    Investing.com - Efforts to dispel rumors of ties between Geely Automobile Holdings Chairman Li Shu Fu and the family of Chinese President Xi Jinping have not lifted the company’s shares.

  • London's black taxi cabs to launch in Paris next year
    Reuterslast month

    London's black taxi cabs to launch in Paris next year

    London's black taxi cabs will hit the streets of Paris next year as the Chinese Geely-owned London Electric Vehicle Company continues its global expansion of the famous models. In 2017, the firm picked Amsterdam as its first foreign destination for the new electric version of the taxi and it has since announced expansion plans to Oslo, Berlin and Hamburg. "Given the air pollution difficulties facing French cities, we are very much looking forward to giving both drivers and passengers new options in Paris following a very positive reception on the streets," said Chief Executive Chris Gubbey.

  • China's Geely 'corrects' rumours about presidential family ties
    Reuterslast month

    China's Geely 'corrects' rumours about presidential family ties

    BEIJING/SHANGHAI (Reuters) - Chinese carmaker Geely Automobile Holdings Ltd , long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman's wife was related to Chinese President Xi Jinping. The carmaker, which owns a major stake in Germany's Daimler (DAIGn.DE) and the firm that makes London black cabs, revealed in a filing the name of Chairman Li Shufu's spouse was Li Wang, and she jointly held 4.9 million shares in the firm. Chinese and international media have named Li's wife as Peng Lijuan, spurring speculation she was related to China's first lady, Peng Liyuan.

  • China's Geely 'corrects' rumors about presidential family ties
    Reuterslast month

    China's Geely 'corrects' rumors about presidential family ties

    BEIJING/SHANGHAI (Reuters) - Chinese carmaker Geely Automobile Holdings Ltd , long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman's wife was related to Chinese President Xi Jinping. The carmaker, which owns a major stake in Germany's Daimler (DAIGn.DE) and the firm that makes London black cabs, revealed in a filing the name of Chairman Li Shufu's spouse was Li Wang, and she jointly held 4.9 million shares in the firm. Chinese and international media have named Li's wife as Peng Lijuan, spurring speculation she was related to China's first lady, Peng Liyuan.

  • Reuterslast month

    Chinese electric car makers, nurtured by state, now look for way out of glut

    Humming away in an industrial estate in the eastern Chinese resort city of Hangzhou, electric vehicle designer Automagic is one of hundreds of companies looking to ride the country's wave of investment in clean transportation. The company wants to find a niche in a crowded sector that already includes renewable equipment manufacturers, battery makers and property developers like the Evergrande Group, as well as established auto giants. "This (large number of firms) is inevitable, because whenever there is an emerging technology or emerging industry, there must be a hundred schools of thought and a hundred flowers blooming," said Zhou Xuan, Automagic's general manager, referring to Chinese leader Mao Zedong's ill-fated 1956 "Hundred Flowers" campaign aimed at encouraging new ideas.

  • The Zacks Analyst Blog Highlights: Softbank, Telstra and Geely Auto
    Zackslast month

    The Zacks Analyst Blog Highlights: Softbank, Telstra and Geely Auto

    The Zacks Analyst Blog Highlights: Softbank, Telstra and Geely Auto

  • Daimler to Form JV With Automotive Company Geely in China
    Zackslast month

    Daimler to Form JV With Automotive Company Geely in China

    Daimler (DDAIF) is in discussion with Geely to form a joint venture in areas of ride-hailing and car-sharing services in China.

  • Reuterslast month

    Chipmaker Nvidia to supply computer for Volvo's upcoming vehicles

    Graphics chipmaker Nvidia Corp (NVDA.O) said on Wednesday that Swedish automaker Volvo (VOLVb.ST) would begin using its artificial intelligence computer to deliver low-level autonomous features in all its next-generation vehicles. The deal, announced during a developers' conference in Munich, underscores the importance of computing power even for partially autonomous systems, which are not designed for full self-driving but offer drivers assistance, such as lane keeping or emergency braking. Volvo, which is owned by Chinese automaker Geely [GEELY.UL], is an existing customer of Nvidia with plans by 2021 to sell production vehicles built on Nvidia's full self-driving platform, part of a wave of automakers using Nvidia's chips and computing systems in their upcoming autonomous vehicles.

  • Daimler to Work With Geely on Ride-Hailing Service in China
    Bloomberglast month

    Daimler to Work With Geely on Ride-Hailing Service in China

    Li’s Zhejiang Geely Holding Group Co. is in talks with Daimler AG -- in which Li took an almost 10 percent stake earlier this year -- to set up ride-hailing and car-sharing services in China, according to people familiar with the matter. Under discussion is a 50-50 venture that would take on market leader Didi Chuxing, said one of the people, who asked not to be identified because the deliberations are confidential. The venture would target an expanding market for the new types of transport services that has been dominated so far by tech companies like Didi and Uber Technologies Inc. Automakers are scrambling to establish themselves in new technologies, as car-sharing and autonomous driving threaten to upend the traditional model of vehicle ownership.