Geely to Shut Some Units, Focus on HK-Listed Arm, Chairman Says
China’s Zhejiang Geely Holding Group will streamline its structure by shutting down or merging some entities and concentrate resources around its Hong Kong-listed arm, in a bid to improve governance,...
By Charlie Zhu, Ying Tian · Bloomberg Markets
China’s Zhejiang Geely Holding Group will streamline its structure by shutting down or merging some entities and concentrate resources around its Hong Kong-listed arm, in a bid to improve governance, Chairman Li Shufu said.