Sina US stock, January 10, according to people familiar with the matter,Geely carsConsidering investing in Aston Martin, talks have been held with investors and management of the British luxury car manufacturer. Aston Martin shares are currently up 20%.

People familiar with the matter said that the Chinese company is conducting due diligence to consider taking a stake in this British group, which needs new capital. A person familiar with the matter said that the outcome of the negotiations may be technical cooperation rather than full investment. Germany's Daimler (Daimler) has already sold some technology and engines to Aston Martin. Geely holds 10% of Daimler's shares.

Aston Martin's profit level was lower than expected, and since it became a publicly traded company in 2018, its stock price has dropped 80%. Following this, the company is trying to raise more capital.

In a profit warning issued this week, Aston Martin said it “is still in discussions with potential strategic investors and may or may not involve equity investment in the company.”