This Chinese EV Maker To Delist From NYSE - Will An Exodus Follow?
1. Geely is privatizing Zeekr at a 20% premium for shareholders. 2. U.S. hostility toward Chinese firms is influencing Zeekr's delisting decision. 3. Zeekr's stock traded above the buyout price post-announcement, indicating investor optimism. 4. Zeekr's growth has slowed, affecting its valuation and market position. 5. Geely aims to consolidate its subsidiaries to enhance competitiveness.