Shares in Geely Automobile Holdings, the Hong Kong-listed domestic flagship of China auto billionaire Li Shufu, soared by 6.5% today on word last Saturday of Li’s purchase of a 9.7% stake in ...

Li Shufu's grand ambition to create China's pre-eminent auto company started in 1997. Last week, Li's triumphant "third piece" was revealed in Berlin. It's called Lynk & Co. I first met one-on ...

Geely’s founder Li Shufu wants to “bring the product to the new world and into the new generation,” he said in an interview with the South China Morning Post. It’s the centrepiece in Geely ...

On the road to the revival of China's auto industry, "car maniac" Li Shufu, Chairman of Geely Holding Group has left an indelible mark. Wu Xiaobo, a noted financial writer who has long studied the ...

Chinese billionaire Li Shufu’s Geely Group structured the purchase of its 7.3 billion-euro ($9 billion) stake in Daimler AG through complex derivative transactions that allowed the buyer to ...

China’s Geely Automobile Holdings has used a stock exchange filing to try and quash rumours its billionaire owner’s success is tied to political connections. In a disclosure statement made to ...

Chinese billionaire Li Shufu shook up the car industry with an eye-catching run of deals among traditional, European automakers that made his Zhejiang Geely Holding Group Co. a global force to be ...

SHANGHAI (Reuters) - Li Shufu, chairman of Chinese carmaker Geely, is making waves in the global auto market after buying a $9 billion stake in Germany's Daimler AG . Li, 54, the son of a farmer ...

SHANGHAI/BEIJING (Reuters) - When Daimler announced that Li Shufu had acquired almost 10 percent of the automaker last Friday, it caught financial markets - and German regulators - by surprise.

Geely Holding Group Chairman Li Shufu speaks about the prospects of methanol-hydrogen vehicles on Dec 5, 2024, in Shenyang, Liaoning province. [Photo provided to chinadaily.com.cn] Jinbei and ...

The proportion of shares Saudi Arabia's PIF and billionaire Shufu Li's hold in Aston Martin has changed following a major shares issue.

Chinese entrepreneur and founder of Geely Automobile, Li Shufu, is the man who dared to buy loss-making national carmaker Proton. After years of dwindling sales and financial losses, it is hoped ...