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China EV Insurance Registrations for Week Ending Nov 11: Nio 3,800, Tesla 17,100, Xiaomi 5,700, BYD 94,700
Zeekr Rises 8.9%
Zeekr Begins Deliveries of Zeekr X SUV in HK
Zeekr and Lynk & Co are starting a new chapter together, Geely autos (00175.HK) is accelerating its transformation to initiate high-quality development.
On November 14th, on the eve of the Guangzhou Auto Show, Geely Autos (00175.HK) released its third quarter financial report for 2024, with impressive results. The third quarter revenue was 60.378 billion yuan, setting a new quarterly record, with a non-controlling shareholder net profit of 2.76 billion yuan, a year-on-year increase of 116%, achieving double growth in income and profit. On the same day, Geely Autos' future development saw positive changes, as Geely Holding announced the optimization of Zeekr and Lynk & Co's shareholding structure. Specifically, Geely Holding will transfer its 11.3% stake in Zeekr to Geely Autos. After the completion of the transaction, Geely Autos' shareholding in Zeekr will increase to
US Manufacturing Index Rises To 43, Highest Since 2020
ZEEKR Intelligent Technology Holding Limited (ZK) Q3 2024 Earnings Call Transcript Summary
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