Comment on Shares In Chinese Billionaire's Automaker Geely Fall After Profit Drops 20%

Shares In Chinese Billionaire's Automaker Geely Fall After Profit Drops 20%

Hong Kong-traded shares in Geely, the Chinese automaker controlled by billionaire Li Shufu, lost 0.6% in early trade today after the company said yesterday profit and sales both dropped in the first half from a year earlier. Sales fell by 32% to 10.1 billion yuan, or $1.6 billion, and net [...]

 

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