The Shanghai Municipal Commission of Commerce and four other departments have released detailed rules for the car trade-in and upgrade subsidy.
For individuals who purchase a new energy vehicle (NEV) or a National VI-b fuel vehicle priced at above RMB100,000 and complete the transfer of their old car, they will be provided with a fixed subsidy of RMB15,000 and RMB13,000 respectively.
This measure aims to boost car consumption and promote the adoption of NEVs.
~
AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
28860 |
19.52 (-) |
0.080 |
6.6 X |
| GEELY (C) |
13152 |
18.51 (-) |
0.190 |
4.2 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.056 |
6.0 X |
| GEELY (Bull) |
65192 |
13 (13.5) |
0.074 |
4.5 X |
| GEELY (Bear) |
58398 |
21 (20.5) |
0.084 |
4.0 X |
| GEELY (Bear) |
60647 |
19.5 (19) |
0.059 |
5.7 X |
| BYD (C) |
14002 |
476.08 (-) |
0.135 |
7.2 X |
| BYD (C) |
15617 |
401.08 (-) |
0.117 |
3.6 X |
| BYD (P) |
14218 |
290.91 (-) |
0.083 |
6.1 X |
| BYD (P) |
13509 |
249 (-) |
0.039 |
6.3 X |
| BYD (Bull) |
65360 |
351 (355) |
0.067 |
11.4 X |
| BYD (Bull) |
65191 |
334 (338) |
0.101 |
7.6 X |
| BYD (Bear) |
61772 |
417 (413) |
0.064 |
11.9 X |
| BYD (Bear) |
67326 |
407 (403) |
0.047 |
16.3 X |
| XIAOMI (C) |
15573 |
63.58 (-) |
0.275 |
6.2 X |
| XIAOMI (C) |
14839 |
55.05 (-) |
0.120 |
4.7 X |
| XIAOMI (P) |
14219 |
46.45 (-) |
0.135 |
2.1 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.081 |
2.3 X |
| XIAOMI (P) |
14752 |
36.23 (-) |
0.089 |
5.5 X |
| XIAOMI (Bull) |
68004 |
46.1 (46.5) |
0.077 |
6.9 X |
| XIAOMI (Bull) |
67393 |
44.1 (44.5) |
0.099 |
5.4 X |
| XIAOMI (Bear) |
59702 |
58.4 (58) |
0.046 |
11.5 X |
| XIAOMI (Bear) |
61240 |
55.4 (55) |
0.021 |
25.3 X |
| LI (C) |
27190 |
98.93 (-) |
0.180 |
3.3 X |
| LI (Bear) |
66925 |
124 (120) |
0.224 |
4.4 X |
| XPENG (C) |
14703 |
106.16 (-) |
0.101 |
3.2 X |
| TSLA (C) |
10591 |
300 (-) |
0.640 |
3.7 X |
| TSLA (P) |
10604 |
190 (-) |
0.211 |
3.0 X |
