China carmaker Geely shares rise nearly 7% after Zeekr unit offer

ZEEKR Intelligent Technology Holding

08/05/2025 03:33

HONG KONG, May 8 (Reuters) - Shares of Chinese automaker Geely Automobile 0175.HK jumped nearly 7% on Thursday after it offered to pay $2.2 billion to privatise its unit Zeekr, just a year after it took the electric vehicle brand public in the United States.

Geely's shares rose as much as 6.7% in early trade to HK$17.90 ($2.30).

($1 = 7.7662 Hong Kong dollars)

 (Reporting By Anne Marie Roantree; Editing by Christian Schmollinger)

 ((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters Messaging: annemarie.roantree.thomsonreuters.com@reuters.net))