According to what The Paper learned from the Shanghai Development and Reform Commission, in order to promote the trade-in of old cars for new ones in Shanghai and further unleash consumer potential, the Shanghai Development and Reform Commission, the Municipal Commerce Commission, and the Municipal Finance Bureau have jointly formulated and issued detailed implementation rules for the subsidy policy to shore up the car trade-in program.
Eligible individual consumers who scrap or transfer their old cars and purchase new ones will receive subsidies ranging from RMB12,000 to RMB20,000, depending on the specific circumstances.
~
AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| BYD (C) |
25376 |
300.19 (-) |
0.465 |
3.9 X |
| BYD (C) |
25031 |
275.2 (-) |
0.500 |
4.3 X |
| BYD (Bull) |
51484 |
244 (248) |
0.131 |
4.6 X |
| BYD (Bull) |
51168 |
236 (240) |
0.145 |
4.2 X |
| XIAOMI (P) |
25032 |
17.1 (-) |
0.019 |
8.1 X |
| XIAOMI (P) |
25173 |
15.13 (-) |
0.030 |
5.3 X |
| XIAOMI (Bull) |
50945 |
19.68 (20.08) |
0.098 |
4.9 X |
| XIAOMI (Bull) |
50511 |
18.68 (19.08) |
0.119 |
4.1 X |
| XIAOMI (Bear) |
50686 |
25.4 (25) |
0.024 |
20.2 X |
| LI (C) |
24811 |
138.1 (-) |
0.121 |
4.4 X |
| LI (P) |
23536 |
107.9 (-) |
0.108 |
3.4 X |
| LI (Bear) |
54688 |
144 (140) |
0.042 |
5.8 X |
| NIO (C) |
22030 |
80.93 (-) |
0.133 |
2.3 X |
| XPENG (Bear) |
62635 |
71.5 (70) |
0.171 |
3.2 X |
| XPENG (Bear) |
63776 |
63.5 (62) |
0.094 |
5.8 X |
| TSLA (C) |
10344 |
370 (-) |
0.126 |
6.2 X |
| TSLA (C) |
10305 |
280 (-) |
0.520 |
4.0 X |
| TSLA (C) |
10306 |
250 (-) |
0.570 |
4.3 X |
| TSLA (P) |
10434 |
180 (-) |
0.222 |
2.9 X |
| TSLA (P) |
10342 |
160 (-) |
0.100 |
3.8 X |
