Aston Martin – shares are on the run upwards, is a bidder in the wings?

Some 19.77m shares of Aston Martin Lagonda Global Holdings (LON:AML) were traded last Friday, with the market abuzz with rumours of an early bid from China.

One assumes that if such a bid actually transpires it would emanate from Geely Holdings, the Chinese automobiles manufacturer that now holds some 16.66% of the luxury car maker’s equity.

Geely, which is controlled by the billionaire Li Shufu, owns Volvo, Polestar, Lotus and the London Electric Vehicle Company amongst several other brands.

The AML shares were traded 5% higher before the weekend, up to 338p, which is still some way...

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