A Chery logo is pictured at the Chery booth during a media day for the Auto Shanghai show in Shanghai, China April 24, 2025. Go Nakamura Home Business Autos & Transportation China's Chery to invest $75 mln in Korea's KG Mobility, eyes overseas markets August 3rd, 2026 | 00:02 AM BUSINESS Autos & Transportation 1 Facebook Twitter Google+ LinkedIn Pinterest By Reuters China's Chery Automobile (9973.HK) agreed to invest $75 million in South Korean automaker KG Mobility Corp (003620.KS) through convertible bonds, KG Mobility said. If converted into shares, the bonds would give Chery a stake of about 10% in the company.
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