Stock Track | Geely Auto Soars 5.13% as It Offers to Take Zeekr Unit Private in $2.2 Billion Deal

Stock Track

May 08, 2025

Geely Auto's stock is soaring 5.13% in intraday trading on Thursday, outpacing its earlier gains, as investors react positively to the company's strategic move to take its electric vehicle unit private.

The Chinese automaker has offered to take its Zeekr unit private in a deal valued at $2.2 billion. This decision appears to be driving significant investor interest, pushing Geely's stock price higher. The move to privatize Zeekr could potentially allow Geely to have more control over its electric vehicle strategy and operations.

Market analysts suggest that this strategic decision could streamline Geely's operations and potentially increase its competitiveness in the rapidly growing electric vehicle market. As the automotive industry continues to shift towards electrification, Geely's move is being viewed as a proactive step to strengthen its position in this crucial sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1104984041"},"companyName":"Tiger Brokers"},"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:\"1104984041\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1104984041?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-08 10:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104984041","market":"nz","top_or_hot":-1,"title":"Stock Track | Geely Auto Soars 5.13% as It Offers to Take Zeekr Unit Private in $2.2 Billion Deal","media":"Stock Track","content":"<p>Geely Auto's stock is soaring 5.13% in intraday trading on Thursday, outpacing its earlier gains, as investors react positively to the company's strategic move to take its electric vehicle unit private.</p>\n\n<p>The Chinese automaker has offered to take its Zeekr unit private in a deal valued at $2.2 billion. This decision appears to be driving significant investor interest, pushing Geely's stock price higher. The move to privatize Zeekr could potentially allow Geely to have more control over its electric vehicle strategy and operations.</p>\n\n<p>Market analysts suggest that this strategic decision could streamline Geely's operations and potentially increase its competitiveness in the rapidly growing electric vehicle market. As the automotive industry continues to shift towards electrification, Geely's move is being viewed as a proactive step to strengthen its position in this crucial sector.</p>","source":"ai_movement_en","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>Stock Track | Geely Auto Soars 5.13% as It Offers to Take Zeekr Unit Private in $2.2 Billion Deal</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nStock Track | Geely Auto Soars 5.13% as It Offers to Take Zeekr Unit Private in $2.2 Billion Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-05-08 10:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Geely Auto's stock is soaring 5.13% in intraday trading on Thursday, outpacing its earlier gains, as investors react positively to the company's strategic move to take its electric vehicle unit private.</p>\n\n<p>The Chinese automaker has offered to take its Zeekr unit private in a deal valued at $2.2 billion. This decision appears to be driving significant investor interest, pushing Geely's stock price higher. The move to privatize Zeekr could potentially allow Geely to have more control over its electric vehicle strategy and operations.</p>\n\n<p>Market analysts suggest that this strategic decision could streamline Geely's operations and potentially increase its competitiveness in the rapidly growing electric vehicle market. As the automotive industry continues to shift towards electrification, Geely's move is being viewed as a proactive step to strengthen its position in this crucial sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00175","symbol_name":"吉利汽车","start_time":0,"source_url":"","article_id":"1104984041","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104984041","pubTimestamp":1746669691,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Geely Auto's stock is soaring 5.13% in intraday trading on Thursday, outpacing its earlier gains, as investors react positively to the company's strategic move to take its electric vehicle unit private.The Chinese automaker has offered to take its Zeekr unit private in a deal valued at $2.2 billion. This decision appears to be driving significant investor interest, pushing Geely's stock price higher. The move to privatize Zeekr could potentially allow Geely to have more control over its electric","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00175":"吉利汽车"},"translate_title":"吉利汽车提出以22亿美元将Zeekr部门私有化，股价飙升5.13%","themeId":"e24eedcfbfb2e8299ef78bb0df503469","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00175":1},"content_text":"Geely Auto's stock is soaring 5.13% in intraday trading on Thursday, outpacing its earlier gains, as investors react positively to the company's strategic move to take its electric vehicle unit private.\nThe Chinese automaker has offered to take its Zeekr unit private in a deal valued at $2.2 billion. This decision appears to be driving significant investor interest, pushing Geely's stock price higher. The move to privatize Zeekr could potentially allow Geely to have more control over its electric vehicle strategy and operations.\nMarket analysts suggest that this strategic decision could streamline Geely's operations and potentially increase its competitiveness in the rapidly growing electric vehicle market. As the automotive industry continues to shift towards electrification, Geely's move is being viewed as a proactive step to strengthen its position in this crucial sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}