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china auto

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Geely Q1 Profit Falls 27% as Subsidies End; Exports Jump 126%
U.S. Equities40d ago
Geely Q1 Profit Falls 27% as Subsidies End; Exports Jump 126%
Net income dropped to 4.2 billion yuan, missing estimates by 300 million yuan, as a domestic price war eroded margins and government subsidies wound down.