GEELY AUTO (00175.HK) +0.620 (+3.995%) Short selling $97.96M; Ratio 9.412% breached above the record high of $15.78 and peaked at $16.46. It last stood at $16.3, showing a continuous rise of 5%, on volume and turnover of 53.43 million shares and $860 million. The automobile stock was the best performing blue chip.
GEELY AUTO announced that the board lot size of the shares for trading on the Stock Exchange will be changed from 5,000 shares to 1,000 shares with effect from 9:00 a.m. on Tuesday, 18 July 2017. As revealed by the announcement, such alteration will improve the liquidity of the shares and broaden the company’s shareholder base.
Source: AAStocks Financial News
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