Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley: GEELY AUTO Privatization of Zeekr Raises Unanswered Questions
Recommend 17 Positive 23 Negative 9 |
||||
|
||||
|
GEELY AUTO (00175.HK) had earlier proposed privatizing its unit ZEEKR (ZK.US) at USD25.66 per ADR. A Morgan Stanley research report stated that while Geely has outlined the rationale behind the privatization, investors remain uncertain about the timing, process, synergy metrics, and the outlook for Geely’s other listed subsidiaries and potential future spin-offs. Morgan Stanley maintained an Overweight rating on GEELY AUTO with a target price of HKD21. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
