Chinese Auto Stocks Plunge In Hong Kong After Geely Slashes 2019 Net Profit By 40%
via Zerohedge: Just hours ago, we reported that passenger vehicle sales in China showed their first tepid signs of recovery after a historic and record-breaking plunge in the country over the last two years. In that article, we pointed out that the “recovery” was only due to dealers looking to blowout inventory – at massive discounts up to … Read more