Geely Automobile Holdings Limited (GRU.VI)
| Previous close | 1.0565 |
| Open | 1.0620 |
| Bid | 1.0430 x 0 |
| Ask | 1.0750 x 0 |
| Day's range | 1.0620 - 1.0620 |
| 52-week range | 0.8643 - 1.3150 |
| Volume | |
| Avg. volume | 239 |
| Market cap | 10.722B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 15.17 |
| EPS (TTM) | 0.0700 |
| Earnings date | 28 June 2024 |
| Forward dividend & yield | 0.03 (2.47%) |
| Ex-dividend date | 12 June 2024 |
| 1y target est | N/A |
ZacksEU Levies Up to 38% Tariffs on China EVs, Trade Tensions Rise
In an escalating trade dispute, the EU imposes up to 38% additional tariffs on Chinese EVs, raising fears of retaliatory tariffs from China.
ReutersChina's Geely expresses disappointment in EU tariff decision, vows 'necessary measures' to safeguard rights
Chinese automaker Geely on Thursday expressed "great disappointment" in the European Union's decision to increase tariffs on Chinese-made electric vehicles, vowing "all necessary measures" to safeguard its legitimate rights. "We call on the European Commission to carefully consider its decision, listen to the concerns of all parties, and work together to find a solution that promotes fair competition, whilst creating a constructive environment for long-term sustainable development," it said in a statement. Geely would be subject to a 20% additional duty rate from next month as Brussels decided on additional tariffs ranging from 17.4% for BYD to 38.1% for SAIC , on top of the existing 10% car duty.
South China Morning Post'The whole supply chain is subsidised': inside the EU's blockbuster Chinese EV probe
It was just before lunchtime in Brussels, but the working day was creeping towards its end in Beijing, when phones pinged and screens flashed with the numbers that have threatened to upend China's ties with Europe. Car companies, lawyers, business groups and journalists all received the news at once. After seven months of speculation: 17.4 on BYD, 20 on Geely, 38.1 on SAIC and 21 on nearly all others - the tariff percentages the EU would slap on electric vehicle imports from China landed with a
