Bloomberg9:23 AM

Geely to Shut Some Units, Focus on HK-Listed Arm, Chairman Says

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, Chairman Li Shufu said.

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