Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua
Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua

Geely gets nod to raise capital on Shanghai’s Nasdaq-like Star Market as carmaker remakes itself into tech company

  • Geely aims to raise as much as 20 billion yuan (US$2.94 billion) on the Star Market to develop new technologies and car models
  • The carmaker plans to sell 1.73 billion shares, or 15 per cent of its enlarged capital, according to its offering prospectus

Topic |   Geely
Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua
Welding line of a manufacturing base of Geely Auto in Ningbo, east China's Zhejiang Province on October 18, 2018. Photo; Xinhua
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