China’s Zhejiang Geely Holding Group will streamline its structure by shutting down or merging some entities and concentrate resources around its Hong Kong-listed arm, in a bid to improve governance, Chairman Li Shufu said.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-13/geely-to-shut-some-units-focus-on-hk-listed-arm-chairman-says)