China's Geely Denies Report It Cut Daimler Stake
The Geely Automobile logo is seen at a dealership in Beijing, China. (Photographer: Adam Dean/Bloomberg News)

China's Geely Denies Report It Cut Daimler Stake

(Bloomberg) -- Zhejiang Geely Holding Group denied selling any of its 9.7 percent stake in Daimler AG, following a Bloomberg report that the holding had been cut in half.
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