|Bid||0.0000 x 840000|
|Ask||0.0000 x 840000|
|Day's range||2.1310 - 2.1875|
|52-week range||1.1912 - 3.1805|
|Beta (5Y monthly)||1.31|
|PE ratio (TTM)||28.61|
|Forward dividend & yield||0.02 (1.54%)|
|Ex-dividend date||02 Jun 2022|
|1y target est||N/A|
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(Bloomberg) -- Zhejiang Geely Holding Group Co., the satellite-to-automobile group controlled by billionaire Li Shufu, has purchased a majority stake in Chinese smartphone maker Meizu Technology Co., according to a Caixin report that cited an announcement from the State Administration of Market Regulation.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitStocks’ Pandemic Bull Run Ends With Recession Fear: Markets WrapCrypto Market Sinks Below $1 Trillion After L
SHANGHAI (Reuters) -A venture run by the founder of Chinese automaker Zhejiang Geely Holding plans to acquire an 79% stake in Chinese smartphone maker Meizu, a statement published by China's anti-monopoly regulator showed on Monday. The State Administration of Market Regulation said that Hubei Xingji Shidai Technology Co Ltd had agreed to purchase the stake from two of Meizu's shareholders. Xingji Shidai and Meizu both said in similar statements that they had signed a strategic investment agreement but the deal was still being reviewed by regulators and details were still being negotiated.