Does Geely's Investment in Volvo Signal a Shift in China's Auto Strategy?

Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/954/original/Geely%20175HK.JPG?1496197138" class="editor-image img-responsive" data-smartkarma-image-id="26954"></figure>PREFERRED CASE Risk of intermediate setback (before resuming the bullish trend to 15.00) is pushed aside since the break of 12.00. Further direct rise expected to 13.20 before 15.00 as long as 11.34 holds.Should you have any questions and wish to speak with one of our analysts, please don’t hesitate to contact us. Equity Asia : +(65) 6735 3040 or bbsp.research@bbsp.frAccess to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any…

PREFERRED CASE Risk of intermediate setback (before resuming the bullish trend to 15.00) is pushed aside since the break of 12.00. Further direct rise expected to 13.20 before 15.00 as long as 11.34 holds.Should you have any questions and wish to speak with one of our analysts, please don’t hesitate to contact us. Equity Asia : +(65) 6735 3040 or bbsp.research@bbsp.frAccess to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any…

Geely Auto

175 HK Update (Geely Auto)