Zeekr/Geely shares rocket higher in biggest IPO since Didi. Despite risks, investors see big upside
ฝัง
- เผยแพร่เมื่อ 13 พ.ค. 2024
- Geely's luxury EV Zeekr soared in its IPO in US markets, far exceeding the top end of the range underwriters expected.
Geely is a Chinese holding company of some of the world's top car brands, including Volvo. Last month, their Volvo subsidiary in the US announced that they would import Chinese-built EV's into the US. Zeekr is a premium electric vehicle, comparable to luxury models. If Geely can perform similar magic with Zeekr and bring these vehicles to overseas markets, it will perhaps make Geely the most profitable automaker in the world.
Resources and links:
Real-time quote for Zeekr
finance.yahoo.com/quote/ZK
Bloomberg, Geely’s EV Maker Zeekr Tops US IPO Goal to Fetch $441 Million
www.bloomberg.com/news/articl...
American Depositary Receipts, definition and applications
www.investopedia.com/terms/a/...
Reuters, How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
www.reuters.com/business/auto... - วิทยาศาสตร์และเทคโนโลยี
![[Live] : ONE 167 วันนี้!! "ตะวันฉาย vs โจ"](http://i.ytimg.com/vi/D9_dvfIa6Ao/mqdefault.jpg)
The Zeeker 001 or 007 blows Tesla out of the water. You have to see the cars with your own eyes as I have a few weeks ago. High end Chinese EVs makes German cars look ordinary. Their quality and finish are overcapacity.
and the Xiami SU7 . . . Porsche performance with a Camry price tag.
WOW! That is overcapacity tt Yellen was talking about! The US copped out of competition,when faced with a true competitor. I hv no hope for my country.
Thank you. I'm going to test drive Zeeker which was not on my radar. I have a Tesla in the States, but for my second home here in PH, I'm free to get what I want 😂
Achei o interior do 007 bom mas não extraordinario
I am laughing; 'Their quality and finish are overcapacity.' Is this a new phrase in english?
If you put a Toyota beside a Zeekr EV, you would think the grandkid is visiting the grandparent in a retirement home.
😂😂😂😂😂😂😂
Toyota = FAIL
@@craigslistseller9354 THey invented Prius darling of Eco Enthusiast. But couldn’t keep up ! A vehicle ahead of its time. And still it’s a good Vehicle futuristic. Looking machine back then. Almost two decades or more. !!!
@kibakobo Toyota refused to follow Nissan/Carlos Ghosn's lead in BEV well over a decade ago. For this, it has failed.
@@craigslistseller9354 the guy who ran after a scandal like a thief.
GO ZEEKR / GEELY!!!
Zeekr does make excellent cars. I'd definitely buy a Zeekr here if I could afford it.
until a few weeks ago i hadnt realised James Bonds preferred marque the Aston Martin was Chinese owned!!!
i only thought Lotus!!!? Thats huge!! when did Aston Martin happen??? Who owns Jaguar??? So Chinese own Aston, Lotus and MG Rover, polestar and Volvo!!?
what i wouldnt give to see an updated Grand Tour return to China with Jezza, May, Hammond... driving Chinese EVs as well as having their mind blown driving Chinese owned British marques on new Chinese infrastructure again!!!
With Jezza turning to the camera and saying ''I was right, told you so!''
The new Lotus Eletre is a truly dream car.
That's a v noice car.@@Zerpentsa6598
Tata Group of India owns Jaguar!
Thanks to the end of the British empire and its captive market for British cars and bikes, the whole industry came crashing down after the World War II, and the steaming remnants of it were scattered by Thatcher, who is praised by conservatives for "saving" Britain, when all that she actually did was presiding over the destruction of the bases of British industrial economy; which, in the end, resulted in further diminishment of Britain in the international scene. When you compare what Britain was 100 years ago and what it is now, it's shocking how the former empire was upheaved.
I can't even name any relevant British company that's not a bank or British Petroleum. What does Britain even manufacture any more? How will they keep their proud standards of living when they have no "brick and mortar" economy left?
Geely really made a long march within the auto-making industries.
This brand existed in China since the 1980s and it was making small and cheap combustion engine cars that's was affordable for even the poor rural areas in China.
Now it is making some of the top EVs in the most competitive market in world.
Be good 🙏
I remember in the 70s, the American perception of Japan and Japanese products was not high, even though their cameras and hi-fi equipment were already very high calibre. The perception was totally modified (almost overnight) when Lexus was introduced.
The American culture is a car culture. If you can serve them good cars, they will be impressed.
I predict their perception of China will take the same course.
No. The sinophobia and hate and racism is thru the roof to the moon. No. To mars.
@@peanut0brain The Zeeker IPO proved you wrong. Americans are in love with Capitalism even though it may not deliver at times.
@@adamiskandar5107 "capitalism" FYI is not something invented in the west. The old thousand yr old silk road was capitalism
@@adamiskandar5107 you're a silly newbie to ipos... Most ipos go up first day, then slowly lose value over 2wks+
Money talks and markets listen.
... And Trump imposed tariffs on everything and kidnapped the CFO of Huawei via Canada and kept her under house arrest for more than a thousand days, and Biden adds more tariffs and tightens further sanctions.
A real world example of the idea of prosper together.
I wish Geely/Zeekr well. I particularly like its cooperation with Nio and its battery swapping technology. Battery swapping works better than plug-in charging in my opinion.
Oslo, Norway - June 27, 2023 -- XPENG G9 broke the NAF historical record by reaching a peak charging power of 319 kW. It also achieved an average charging power of 212 kW - the highest in NAF's history. G9 was also the fastest to reach a range of 200 kilometres, using only 8.4 minutes, according to NAF's calculation
i dont see the need for swaps.
also news 2022 - An ultrafast charging station for electric vehicles (EV), which can charge 20 cars all at once and add over 200 kilometers of battery life to the cars within eight minutes, started operation on Monday in southeast China's Ningde City, Fujian Province, China Media Group reported.
At the end of September, the number of new energy vehicles in China reached 11.49 million, accounting for about half of the world's total,
Sat in my friend's Zeeker van... amazing. Its like one of those cars from the MTV show " Pimp My Ride"
"So so want to be a playa but your wheels ain't fly, hit China up for a pimp out ride"
Very risky. US can change the rules at any time. Exciting though like gambling at the casino.
United Snakes changes the rules, ultimately will backfire on United Snakes ....
NIO 😃✌️
Austin Martin is now owned by Chinese company?
James Bond is on Xi's pay roll as well XDDD comes with the car!!! Interesting dilemma!!!! Wonder how James Bond and Aston Martin and the British is marketed now!!!??? Heck they cant even do Lotus!!! And for sure I cant see them do Maclaren lol!!!
@@antwangoNo even MG. Land rover is pants, so no point. Jaguar is even worse.
Chinese EVs will be the KING.
So, of all the Chinese cities you've visited, which one do you like the most? You seem to be reporting from so many locations.
be good
Geely owns Aston Martin, too?
No, just a major shareholder around 20%, also Mercedes Benz largest single shareholder around 10%.
Thanks!
Don’t buy ZK til to goes thru it’s first correction. This IPO like many US IPOs can fall thru the floor shortly after the IPO date. It’s just what IPOs are know for.
Can you do a personal review of ev made in China . Lot of conflicting info out here
1:38 well right now that’s not important.
Listen, I mean, it's all great and all-whatever this topic was-but did you manage to smash some cherries (90/60/90) up there? Since the chariot is parked overseas and time is ticking, I don't know if there is any snow on the roof! If you know what I mean! They might have those hats for gentlemen to wear before ringing a bull in a tea shop! Go at it!
💝💝💝
Is China publishing the Solar flares happening?
#BeingSaneInInsanePlaces
CGTN
Tesla is going to be toasted !
With the new USA tariffs today on Chinese EV cars and chips how do Chinese companies work around these tariffs? The old videos do not address these new tariffs.
GM has a joint venture with SAIC called SAIC GM Wuling. Go figure.
loopholes are easily closed
Slap a Volvo badge on the Zeekr and viola, import time. Plymouth Laser and Eagle Talon were also victims of badge engineering, but the Mitsubishi Eclipse still sold better...🤣
2:51 Underwriting ! Have been telling that for months. Decoupling is a political show. Jewish capital is JOINED at hips with Chinese enterprises.
There is no such thing as "Jewish capital." The Protocols of the Learned Elders of Zion is a fake document. Please stop with these conspiracy theories
More like the leech lurking onto a new host.
@@etbuch4873 kisses 😘 and hugs 🤗 to you bro !
That explains why Macao. hK. Still have their own currencies and flags. 😂😂😂. Taiwan is a False Flag !
Those are provincial flags. No problems. 🎉
Besides Macao and hk, there are many "Autonomous regions" inside of China where minorites (56 minorities) govern themselves, as long as the region stays part of the China. When Taiwan reunites with China, the same.
don't care. don't give a shit~
Your parents said the same when you were born..
But you do. That's why you clicked on this video, and even care enough to wrote a comment about it.
It's disgusting people actually waste money on something as stupid as an EV. Did they not have toys as kids? It can't be an investment! It is an outright loss!
Zeekr's current ADR price is about $27, which is close to its lowest of $25 plus since listing. Nothing spectacular given the 100 per cent US tariffs just announced.