At Geely Auto's 2026 mid-year results briefing on the 17th, vice chairman Gui Shengyue said the large-scale management reshuffle is a strategic organizational evolution. He characterised Li Shufu stepping down as board chairman and An Conghui's succession as a de-familyisation move that shifts Geely from a founder-driven growth phase to institution- and team-driven governance, reducing reliance on individual authority, strengthening organisational systems and talent pipelines, and increasing tra

2026-08-17

At Geely Auto's 2026 mid-year results briefing on the 17th, vice chairman Gui Shengyue said the large-scale management reshuffle is a strategic organizational evolution. He characterised Li Shufu stepping down as board chairman and An Conghui's succession as a de-familyisation move that shifts Geely from a founder-driven growth phase to institution- and team-driven governance, reducing reliance on individual authority, strengthening organisational systems and talent pipelines, and increasing transparency and more scientific management — a change he said should remove internal promotion ceilings and help deliver stronger shareholder returns.

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2026-08-17

Mizuho said in a note that ahead of Friday’s preliminary euro-area PMI print, government bond yields are likely to be driven more by fund flows, oil prices and bond supply than by ECB rate expectations. It called the PMI the next key macro test. Mizuho expects the curve’s short end to remain relatively stable, while the long end could face material pressure if the global yield curve keeps steepening.

2026-08-17

Monday — China releases July retail sales, industrial production (above‑scale) and total electricity consumption; PBOC overnight reverse repo operations scheduled Aug 17–19; Canada July CPI; US NY Fed manufacturing and NAHB housing index. Bessent warned this week of “unprecedented” US economic measures against Iran. Earnings: Geely. Tuesday — UK three‑month ILO unemployment and July jobless claims; Germany and eurozone ZEW surveys; US ADP payrolls, housing starts, building permits, import PPI, i