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HK analyst maintains 'sell' call on Geely

Sanford C Bernstein & Co's Robin Zhu reiterates 12-month target price of HK$7.50, implying a 57% drop for the stock

Shanghai

IT takes a strong stomach to be bearish on Geely Automobile Holdings Ltd. Just ask Robin Zhu. The Hong Kong-based Sanford C Bernstein & Co analyst has advised investors to avoid Geely since August 2015, a span where the share price has soared more than 500 per cent.

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