
$GEELY AUTO(00175.HK)I personally believe that the trade war will have little short-term impact on Geely's business. On the one hand, a significant portion of Geely's overseas automotive business is under Geely Holding, not Geely Automobile. On the other hand, Geely Automobile's overseas growth is currently progressing well, and the main growth direction is not in the U.S. but rather in South America and Europe.
In the short term, at least the market capital seems to recognize Geely. The net inflow into Geely has been quietly increasing over the past 20 days. Although the stock price has been consolidating in the short term, capital is quietly flowing in. I still believe that 18.5 is the recent consolidation bottom price. I've already discussed the calculation logic before.
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