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


* 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 overtook the United States last year to become ...

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