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China’s Geely Automobile Holdings has used a stock exchange filing to try and quash rumours its billionaire owner’s success is tied to political connections.
In a disclosure statement made to the Hong Kong bourse dated Monday, Geely revealed details of the holdings of its chairman and top investor Li Shufu, who has made a spate of eye-catching global autos investments over the past decade. While the scope of Li’s investment in the Hangzhou-based carmaker was well known, the name of his wife wasn’t.
Listed as a joint holder of 4.9 million Geely shares is “Ms Li Wang, wife
In a disclosure statement made to the Hong Kong bourse dated Monday, Geely revealed details of the holdings of its chairman and top investor Li Shufu, who has made a spate of eye-catching global autos investments over the past decade. While the scope of Li’s investment in the Hangzhou-based carmaker was well known, the name of his wife wasn’t.
Listed as a joint holder of 4.9 million Geely shares is “Ms Li Wang, wife
