OBalazs

Faw Group in a downtrend

Short
SZSE:000800   FAW JIEFANG GROUP
The stock has been moving slightly downside in this area. Hongqi plans to launch the E-HS9 SUV in more European countries, starting the deliveries in Denmark this December. This could give a boost to this stock, but right now I would expect more downside.

Not financial adivce.

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