RPT-UPDATE 1-China Geely H1 net beats f'cast, competition rises

Newswire

(Repeats to add link to special report) * H1 net 804.85 mln yuan vs avg forecast 756.4 mln yuan * Warns of rising competition at home and overseas * Stock down 10 pct this month on weak July sales (Adds details) HONG KONG, Aug 25 (Reuters) - China's Geely Automobile Holdings , whose parent bought Ford's Volvo unit this month, posted a forecast-beating 35 percent rise in first half earnings, but faces slowing sales as competition grows in the world's largest auto market. China ...

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