SHANGHAI (Reuters) - Geely Automobile Holdings plans to raise 20 billion yuan (US$2.93 billion) from a public share sale on Shanghai's Nasdaq-style STAR Market to invest in new car models and technologies, exchange filings showed on Tuesday.
China's highest-profile automaker, thanks to parent group investments in Daimler AG and Volvo Cars, has set its sights on bolstering its global credentials with plans to revamp factories at home and abroad using manufacturing platforms developed with Volvo Cars.
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