Geely Automobile Holdings Ltd 00175.HK

Geely Auto Group was founded in 1997 and is a privately held company based in Hangzhou, China. This leading automobile manufacturer offers vehicles under the Geely Auto brand and is the owner of a 50% stake in the LYNK & CO brand.

Geely Auto Group employs over 50,000 people in its 12 vehicle manufacturing plants, nine powertrain plants, and six knock-down kit plants. It manufactures vehicles which are then sold through a network of over 850 dealerships located across China, as well as approximately 350 sales and service outlets based in other global markets.

To promote research in its field, Geely Auto has founded the Geely Automotive Research Institute in Hangzhou, the renowned China Euro Vehicle Technology (CEVT) in Gothenburg, and the world’s leading Geely Research Institute in Hangzhou Bay.

The company is traded on the Hong Kong stock exchange and in 2018, reported that its annual revenue had increased by 15% year-on-year to $15.8 billion. Add this instrument to your portfolio and trade 0175.HK stocks.