China's Geely to Divest SEK14.5 Billion of Volvo AB Shares

Chinese automaker Zhejiang Geely Holding Group plans to sell all of its 14.46 billion-kronor class B share stake in AB Volvo (VOLV-B.ST, VOLV-A.ST), Bloomberg News reported Thursday, citing the compan

MT Newswires12:14

Hong Kong Stock Afternoon Review | The three major indices fell sharply, auto stocks fell, and Ideal Auto fell by more than 7%

Technology and network stocks generally fell; Xiaomi fell more than 4%, Meituan fell nearly 4%; shipping stocks rose higher, Pacific Shipping rose more than 9%, and COSCO Haineng rose more than 5%.

Futu News12:10

Intraday Overview | The three major indices fell sharply, and the technical index fell nearly 3%; oil and shipping stocks rose against the market

Technology and network stocks generally fell; Meituan fell nearly 5%, Xiaomi fell more than 4%, and Ali fell nearly 3%; automobile stocks had the highest declines, with Ideal and Xiaopeng falling nearly 7%.

Futu News10:47

New NEV Insurance Regulations Seek Comments! Car owners who plan to expand the scope of autonomous pricing coefficients, optimize and adjust the benchmark rate will welcome these benefits

As the world's largest consumer of new energy vehicles, over 20 million new energy vehicle owners in China have ushered in great benefits.

cls.cn09:50

Express News | Geely plans to clear Volvo Class B shares worth US$1.3 billion

Breakings01:52

Geely to Sell $1.32 Billion of Volvo Truck Shares

China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 billion Swedish krona ($1.3 billion).

BNN Bloomberg01:28