Zeekr Group Evaluates 'Going Private' Proposal Amid Strategic Review
Joint Statement on U.S.-China Economic and Trade Meeting in Geneva
ZEEKR (ZK.US) will release its Earnings Reports before the market opens on May 15.
$ZEEKR (ZK.US)$ will release its Earnings Reports before the market opens on May 15, and investors are advised to pay attention. How was the previous performance? $ZEEKR (ZK.US)$ had revenue of 22.778 billion yuan and a Net income of -0.821 billion yuan for Q4 2024, with an EPS of -3.90 yuan. For Q1 2024, the revenue was 14.737 billion yuan, with a Net income of -2.022 billion yuan and an EPS of -8.136 yuan. The accounting standards used for the above data are US_GAAP. Futubull reminds: 1. There are no hard rules for the accounting year division for companies listed in Hong Kong and the US; it is entirely decided by the enterprises themselves, as
This Chinese EV Maker To Delist From NYSE - Will An Exodus Follow?
China Merchants International: Raised the Target Price of Geely Autos to HKD 27.5, maintaining a "Shareholding" rating.
China Merchants International has released a Research Report stating that considering Geely Autos (00175) entering a sustained strong growth cycle, it awards a valuation premium of 10% relative to the historical average valuation, setting a PE of 17.6 times for 2025, while also raising earnings projections by 7%-8% and increasing the Target Price from HKD 23.2 to HKD 27.5, maintaining a "Shareholding" rating. The firm believes that the privatization of ZEEKR can not only reduce costs and enhance efficiency but also allow resources to be focused on the Hong Kong listed company. This is also bullish for the internal brand technology sharing, channel synergy, and product line complementarity of Geely Autos, reducing overall operating costs. The firm has raised the group's forecasts for 2025-2027.
BofA Securities Maintains ZEEKR(ZK.US) With Buy Rating
Geely Announces Proposal to Privatize Subsidiary ZEEKR
Bank of America Securities Keeps Their Buy Rating on ZEEKR Intelligent Technology Holding Limited Sponsored ADR (ZK)
Despite Taking Zeekr Private, Geely Emphasizes Willingness to Cooperate With Global Capital Markets
The Passenger Vehicle Association: In April, the national retail sales of passenger vehicles reached 1.791 million units, an increase of 17% year-on-year.
In April, the national Passenger Vehicle market retail sales reached 1.791 million units, with cumulative retail sales of 6.918 million units this year, a year-on-year increase of 9%.
Zeekr's Privatization Could Be Slight Negative for Geely -- Market Talk
China Carmaker Geely Shares Rise Nearly 7% After Zeekr Unit Offer
Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.
① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.
Top Gap Ups and Downs on Wednesday: BABA, DIS, MRVL and More
What's Going On With Zeekr Stock Today?
Zeekr Shares Jump as Geely Offers $2.2B to Take EV Unit Private
Within just one year of being listed, Geely plans to privatize ZEEKR, Li Shufu said: "Returning to a single Geely."
One year after ZEEKR went public, Geely chose to privatize it, further integrating its automotive brands. In the past six months, more and more of Geely's subsidiaries or sub-brands, such as Geometry, Lynk & Co, Yizhen, and Radar, have been merged. As the new energy market approaches saturation, the shift from pursuing scale to pursuing profit is the inherent logic behind this internal consolidation.
12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
One year after ringing the bell on the NYSE, ZEEKR plans to be delisted. Li Shufu: Returning to a Geely.
On May 7th, Geely Autos announced after the Hong Kong stock market that the company proposes to privatize ZEEKR by acquiring all issued and outstanding ZEEKR shares and American Depositary Shares (excluding the group's beneficial owners). The Chairman of Geely Holding Group, Li Shufu, stated that in the face of fierce market competition and an increasingly complex economic environment, the company will continue to promote the integration of its Autos Business and return to being one Geely.
Express News | Geely's Chairman: Promoting Integration of Auto Business in the Face of Fierce Market Competition and Increasingly Complex Economic Environment - Comapny Statement