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GRUA

36.40000 EUR
0.6
1.62%
Last update Apr 24, 5:20 PM CEST
Main market
Day range
35.40000
36.40000
Previous close
37
Open
35.60000
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Geely Automobile Holdings Ltd Sponsored ADR
36.40
0.60
1.62%

Overview

Description

Geely Automobile Holdings Ltd Sponsored ADR represents the underlying shares of Geely Automobile Holdings Limited, one of China's leading automakers, in the United States financial markets. Functioning as an American Depositary Receipt (ADR), it provides U.S. investors with an opportunity to invest in Geely without needing to purchase shares directly from stock exchanges in Hong Kong where Geely is primarily listed. Geely Automobile is primarily engaged in the design, development, and manufacturing of passenger vehicles and automotive components. The company is known for its international presence and has acquired stakes in notable brands such as Volvo and Daimler. Its impact spans the automotive industry, contributing significantly to the evolution of fuel-efficient and environmentally-friendly vehicles. By investing heavily in research and development, Geely continues to play a pivotal role in the advancement of electric and hybrid vehicles, aligning with global trends towards sustainable transportation. Its ADR presence on the U.S. market enables broader investor participation in the global automotive innovation landscape.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XBER
Main market

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