Geely Exploring Fundraising Options After Starboard Retreat, CEO Says

Bloomberg Markets and Finance published this video item, entitled “Geely Exploring Fundraising Options After Starboard Retreat, CEO Says” – below is their description.

Jun.30 — China’s biggest privately-owned automaker says it has other means to raise funds after backing away from a proposed yuan share issue on Shanghai’s Nasdaq-style Star board. Daniel Li, chief executive officer of Zhejiang Geely Holding Group Co., says it’s exploring options such as allowing the carmaker’s individual business units to seek out capital on their own. Li exclusively spoke with Bloomberg’s Tom Mackenzie in his first interview with international media since assuming the position in January.

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