Geely Group Denies Cutting Stake In Daimler AG

Geely Group denies a report saying the company cut a 5.4 percent stake in Daimler AG on Jan 11, the Tencent-backed news portal qq.com reported.

Earlier today, a Bloomberg report said the Geely Group had cut its 9.7 percent stake in Daimler AG by more than half after less than a year after the company made what was the biggest overseas acquisition by a Chinese automaker.

Source : http://usa.chinadaily.com.cn/a/201901/11/WS5c3855b5a3106c65c34e3f94.html

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Geely Group denies cutting stake in Daimler AG
China's Geely Denies Report It Cut Daimler Stake
China's Geely says it has not sold Daimler shares, denies Bloomberg report
China's Geely says it has not sold Daimler shares, denies report
China's Geely denies Bloomberg report, says has not sold shares in Daimler