Geely Automobile climbs most in 4 weeks on share buyback programme

Reuters
2025.11.19 02:50
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Geely Automobile's shares rose 2.3% to HK$17.39, marking the largest intraday gain since October 21. This rise follows the announcement of a share buyback agreement with Morgan Stanley to repurchase up to HK$2.3 billion in shares, starting mid-December. The stock is the third-biggest gainer on the Hang Seng Automobile Index, which is up 0.3%. Year-to-date, Geely's stock is up 17%, while the Hang Seng Index is up 29.6%.

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