[I-bank focus]UOBKH tweaks for Geely Auto (00175) to HK$30

   UOB Kay Hian tweaked its target price for Geely Automobile (00175) to HK$30 from HK$31, and maintained its "buy" rating.
  The research house said Geely's January sales beat estimate at more than 155,000 units, up 51% yoy, on higher A0-class SUV sales. But Lynk & Co 01 SUV sales came in lower than
expected at 6,173 units versus UOBKH's estimate of 8,000 units, due to slower ramp-up of production.
  UOBKH cut its 2018 EPS by 6% and raised that for 2019 by 4%. It remains positive on the sales outlook of Lynk & Co given its high quality and strong demand. It believes Geely's Lynk & Co theme remains intact given the products' high quality and strong demand, but it will take a slightly longer time for production to ramp up.