China’s Geely Automobile Holdings has used a stock exchange filing to try and quash rumours its billionaire owner’s success is tied to political connections.
Geely is a Chinese carmaker which sells cars under the brands Emgrand, Englon, Geely, Gleagle and Volvo, which it acquired from Ford Motor in 2010 for US$1.8 billion. A Geely unit is listed on the Stock Exchange of Hong Kong.
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