Market Chatter: Geely Dismisses Rumors of Further Stake Reduction in Volvo

MT Newswires Live

2024/11/14

Zhejiang Geely, the parent of Hong Kong-listed Geely Automobile (HKG:0175), denied reports it will slash its shareholding in Volvo, The Paper reported Wednesday.

"As a long-term investor and controlling shareholder of Volvo Cars, Geely Holding Group has no plans to reduce its stake in Volvo Cars," the news site quoted Geely as saying.

Geely bought Volvo in 2010 for $1.8 billion and listed on the Nasdaq Stockholm exchange in 2021.

The last time Geely slashed its stake in Volvo was in November 2023, which reduced Geely's holding in Volvo to 78.65% through Geely Sweden Holding, the report said.

Zhejiang Geely Holding Group is the ultimate owner of Geely Sweden Holding.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2483924958"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2483924958\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2483924958?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-14 12:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483924958","market":"sg","top_or_hot":-1,"title":"Market Chatter: Geely Dismisses Rumors of Further Stake Reduction in Volvo","media":"MT Newswires Live","content":"<html><body><p> Zhejiang Geely, the parent of Hong Kong-listed Geely Automobile (HKG:0175), denied reports it will slash its shareholding in Volvo, The Paper reported Wednesday.</p><p>\"As a long-term investor and controlling shareholder of Volvo Cars, Geely Holding Group has no plans to reduce its stake in Volvo Cars,\" the news site quoted Geely as saying.</p><p>Geely bought Volvo in 2010 for $1.8 billion and listed on the Nasdaq Stockholm exchange in 2021.</p><p>The last time Geely slashed its stake in Volvo was in November 2023, which reduced Geely's holding in Volvo to 78.65% through Geely Sweden Holding, the report said.</p><p>Zhejiang Geely Holding Group is the ultimate owner of Geely Sweden Holding.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Geely Dismisses Rumors of Further Stake Reduction in Volvo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Geely Dismisses Rumors of Further Stake Reduction in Volvo\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2024-11-14 12:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Zhejiang Geely, the parent of Hong Kong-listed Geely Automobile (HKG:0175), denied reports it will slash its shareholding in Volvo, The Paper reported Wednesday.</p><p>\"As a long-term investor and controlling shareholder of Volvo Cars, Geely Holding Group has no plans to reduce its stake in Volvo Cars,\" the news site quoted Geely as saying.</p><p>Geely bought Volvo in 2010 for $1.8 billion and listed on the Nasdaq Stockholm exchange in 2021.</p><p>The last time Geely slashed its stake in Volvo was in November 2023, which reduced Geely's holding in Volvo to 78.65% through Geely Sweden Holding, the report said.</p><p>Zhejiang Geely Holding Group is the ultimate owner of Geely Sweden Holding.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0315179316.USD","symbol_name":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483924958","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483924958","pubTimestamp":1731557111,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Zhejiang Geely, the parent of Hong Kong-listed Geely Automobile , denied reports it will slash its shareholding in Volvo, The Paper reported Wednesday.\"As a long-term investor and controlling shareholder of Volvo Cars, Geely Holding Group has no plans to reduce its stake in Volvo Cars,\" the news site quoted Geely as saying.Geely bought Volvo in 2010 for $1.8 billion and listed on the Nasdaq Stockholm exchange in 2021.The last time Geely slashed its stake in Volvo was in November 2023, which reduced Geely's holding in Volvo to 78.65% through Geely Sweden Holding, the report said.Zhejiang Geely Holding Group is the ultimate owner of Geely Sweden Holding.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80175":"吉利汽车-R","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK1539":"汽车股","BK1521":"挪威政府全球养老基金持仓","GELYY":"吉利汽车ADR","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","BK1589":"北水核心资产","00175":"吉利汽车","BK1119":"汽车制造商"},"translate_title":"市场热议：吉利否认进一步减持沃尔沃股份传闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80175":0.6,"EVS.SI":0.6,"00175":0.9,"GELYY":0.6},"content_text":"Zhejiang Geely, the parent of Hong Kong-listed Geely Automobile (HKG:0175), denied reports it will slash its shareholding in Volvo, The Paper reported Wednesday.\"As a long-term investor and controlling shareholder of Volvo Cars, Geely Holding Group has no plans to reduce its stake in Volvo Cars,\" the news site quoted Geely as saying.Geely bought Volvo in 2010 for $1.8 billion and listed on the Nasdaq Stockholm exchange in 2021.The last time Geely slashed its stake in Volvo was in November 2023, which reduced Geely's holding in Volvo to 78.65% through Geely Sweden Holding, the report said.Zhejiang Geely Holding Group is the ultimate owner of Geely Sweden Holding.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}