Guangzhou Automobile Group Co., a partner of Toyota Motor Corp. and Honda Motor Co. in China, rose 2.1 percent on its trading debut in Hong Kong today.

The Chevrolet Volt was unveiled to an assembled crowd of journalists and potential consumers yesterday in Shanghai, the Volt has gained a Chinese name as is customary for any car wishing to sell in China, its adopted Chinese name is Wo Lan Da.

Geely said it would set up its Volvo Chinese headquarters in the Jiading District. It will include a research and development center, a sales hub and a procurement base.