Pakistan: Khan's support endures despite repression, implying Army is split
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Khan faces terrorism charge (potential arrest) on the pretext of a speech criticising Islamabad police and a judge
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Increasingly repressive response to Khan is likely to be increasing, not denting, his mass following
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Cheap value but risks persist from "deep state" splits over army chief succession and Khan, and weak civilian government
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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