China's Geely surges after building $9 billion Daimler stake
February 25, 2018 at 23:04 PM EST
HONG KONG (Reuters) - Geely Automobile Holdings Ltd's shares jumped on Monday after its chairman Li Shufu revealed he had built a $9 billion stake in Daimler - giving him major leverage as he attempts to persuade the German carmaker to cooperate on tech.
