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About
History
Why trade?
About
History
Why trade?
Geely Automobile Holdings Limited is a Chinese automotive manufacturing company headquartered in Hangzhou, China. It has been publicly listed on the Stock Exchange of Hong Kong since 2004 and trades under the ticker GEELY.HK.
As of May 2023, Geely had a market cap of 95.14 billion HKD. The company has grown significantly over the years; in 2020, it reported annual revenue of ¥123.8 billion and a total vehicle sales volume of 1.64 million units. Geely manufactures vehicles under several brands, including Geely Auto, Lynk & Co., PROTON, JMCG, and Yuan Cheng Auto.
Geely Automobile has had a robust price history since its establishment in 1997. Its stock price hit its lowest point of HK$0.30 in October 2008 and peaked at HK$33.25 in January 2021, representing an 11-fold increase in its share price. These impressive figures demonstrate the company's strong growth trajectory and make it a great buy for traders looking to capitalize on its success.
Geely Automobile is one of the most dynamic companies in China's automobile industry and is well-positioned to continue growing in the future. With this in mind, now could be an ideal time to invest in Geely Automobile and benefit from its potential returns. Make sure to do your research before investing, however, as there is always risk involved in trading.
Geely Automobile Company is one of the leading automotive manufacturers in China. It has grown rapidly over the past decade and offers a wide range of vehicles, from entry-level sedans to luxury SUVs. This makes it an attractive option for traders who are looking for exposure to the Chinese auto market.
However, traders should consider other Chinese automotive manufacturers in addition to Geely Automobile Company, including BAIC Group, Dongfeng Motor Corporation, Changan Automobile Group, and Chery Automobile. Each of these companies offers a range of vehicles that may appeal to different trading styles and strategies.
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| Commission and Swap | Commission and Swap |
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
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FAQs
What are the key drivers affecting Geely Automobile Holdings Ltd's stock price?
Its stock price is influenced by several key drivers. Firstly, the company's financial performance, including revenue growth, profitability, and future earnings prospects, plays a crucial role. Positive financial results may drive investor confidence and support stock price appreciation. Secondly, market trends and sentiment towards the automotive industry as a whole may impact Geely's stock price.
Factors such as consumer demand for automobiles, technological advancements, and regulatory developments may also influence investor sentiment and the company's prospects. Additionally, geopolitical factors, trade tensions, and government policies may affect the company's operations and investor confidence. Monitoring these key drivers could provide valuable insights for traders and investors seeking to understand and anticipate price movements in this stock.
Who owns most Geely Automobile Holdings Ltd shares?
Currently, the majority shareholder of Geely Automobile Holdings Ltd is Zhejiang Geely Holding Group Co., Ltd, which is owned by Chinese billionaire Li Shufu. He controls a substantial portion of the company's shares. However, there's also a significant percentage held by the general public and institutional investors.
This diverse ownership structure may lead to fluctuations in the stock's stability and price, as each group may have different investment goals and risk tolerances. It's always important to understand a company's ownership structure before investing.
Does Geely Automobile Holdings Ltd shares pay dividends?
Yes, Geely Automobile Holdings Ltd does pay dividends to its shareholders. The company has a history of regularly distributing annual dividends, although the exact amount can vary from year to year depending on the company's profitability and board decisions. The decision to pay dividends may signal a company's financial health and profitability to investors.
However, potential investors should always check the latest dividend information from the company's official announcements or financial reports to ensure they make informed decisions about their investments.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
Equities
Capitalise on rising prices (go long)
Capitalise on falling prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset
No commissions
Just low spreads
Manage risk with in-platform tools
Ability to set take profit and stop loss levels