BUZZ-HK-listed Geely climbs on teaming up Handal to build factory in Indonesia

Reuters
01-21
BUZZ-HK-listed Geely climbs on teaming up Handal to build factory in Indonesia

** Shares of Geely Automobile 0175.HK climb 3.4% to HK$14.78, their highest since Jan. 2

** Stock is on course for a fourth straight session of gains

** China's Geely says it plans to partner with Handal Indonesia Motor to build a second-phase factory in Indonesia, start operation by Q3

** Hang Seng Commerce & Industry Index .HSNC rises 1.1%, Hang Seng Tech Index .HSTECH jumps 2.3%% and Hang Seng Index .HSI adds 1%

** Stock soared 72.7% last year

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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