Geely says to raise investment in Geely car plants


HONG KONG, May 27 (Reuters) - Geely Automobile Holdings Ltd said on Thursday it would increase its investment in Chinese car making joint ventures with Geely Group. "The suspension is related to the increase of investments in Geely car making ventures," a spokeswoman at Geely Automobile told Reuters. Trading in the shares of Geely Automobile was suspended in the afternoon, the Hong Kong stock exchange said. But it did not give any reasons. The chairman of privately-held Chinese ...

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