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Kelvin_NamCheong

Geely has great chance to rebound

Long
GEELY AUTOMOBILE HOLDINGS LIMITED (HKEX:175)  
Kelvin_NamCheong  
HKEX:175   GEELY AUTOMOBILE HOLDINGS LIMITED
Trend Analysis Fundamental Analysis Beyond Technical Analysis geely meizu
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trendanalysis fundamental beyondta geely meizu
Geely (175.HK) has great chance to rebound. It shows strong support at the resistance level of 16.5. The impact of Nancy Pelosi visit to Taiwan is expected to be short-lived in Hong Kong market. We expect the acquisition of Meizu, a popular mobile brand by the parent of Geely will contribute to Geely automobile business. Reiterate with BUY.
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