With the fourth batch of RMB69 billion national subsidy funds depleting, more and more regions in China are either suspending or adjusting car trade-in subsidy campaigns, according to a report by yicai.com.
As of now, incomplete statistics show that over 20 Chinese cities have already halted or tweaked applications for car trade-in subsidies.
For example, Hubei Province adjusted the issuance method of car trade-in qualification vouchers in mid-November. The vouchers are now distributed in four batches per day, with the final batch being issued on Friday (5th). Each batch ends once the vouchers are fully claimed.
~
AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
21041 |
24.77 (-) |
0.048 |
6.2 X |
| GEELY (C) |
22052 |
21.01 (-) |
0.045 |
8.2 X |
| GEELY (Bull) |
64299 |
15 (15.5) |
0.040 |
8.4 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.060 |
5.6 X |
| GEELY (Bear) |
56088 |
22.5 (22) |
0.104 |
3.2 X |
| GEELY (Bear) |
64240 |
20.5 (20) |
0.068 |
5.0 X |
| BYD (C) |
18941 |
128.433 (-) |
0.042 |
4.5 X |
| BYD (C) |
22881 |
116.98 (-) |
0.111 |
5.6 X |
| BYD (C) |
22047 |
112.21 (-) |
0.077 |
7.8 X |
| BYD (P) |
17863 |
100.78 (-) |
0.249 |
4.4 X |
| BYD (P) |
22345 |
81.83 (-) |
0.115 |
4.5 X |
| BYD (Bull) |
69228 |
92.4 (93.8) |
0.056 |
17.3 X |
| BYD (Bull) |
63535 |
88.1 (89.5) |
0.021 |
9.2 X |
| BYD (Bear) |
59234 |
109.4 (108) |
0.107 |
9.1 X |
| BYD (Bear) |
64256 |
105.4 (104) |
0.074 |
13.1 X |
| XIAOMI (C) |
15792 |
55.93 (-) |
0.049 |
4.9 X |
| XIAOMI (C) |
22185 |
52.93 (-) |
0.077 |
4.1 X |
| XIAOMI (C) |
22735 |
52.9 (-) |
0.129 |
7.1 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.064 |
4.5 X |
| XIAOMI (Bull) |
69239 |
38.6 (39) |
0.028 |
14.6 X |
| XIAOMI (Bull) |
69240 |
37.6 (38) |
0.037 |
11.0 X |
| XIAOMI (Bear) |
54885 |
44.4 (44) |
0.030 |
13.6 X |
| XIAOMI (Bear) |
55713 |
43.4 (43) |
0.022 |
18.5 X |
| LI (C) |
22046 |
96.85 (-) |
0.090 |
3.1 X |
| LI (Bull) |
63006 |
60 (64) |
0.082 |
8.2 X |
| LI (Bull) |
55810 |
54 (58) |
0.148 |
4.5 X |
| LI (Bear) |
62825 |
84 (80) |
0.149 |
4.5 X |
| GWMC (C) |
14653 |
21.52 (-) |
0.071 |
4.9 X |
| NIO (C) |
17588 |
34.71 (-) |
0.191 |
2.7 X |
| XPENG (C) |
17964 |
108.78 (-) |
0.064 |
3.7 X |
| XPENG (P) |
22390 |
78.63 (-) |
0.179 |
1.8 X |
| XPENG (Bull) |
58392 |
65 (66.5) |
0.095 |
7.7 X |
| XPENG (Bull) |
63561 |
60.5 (62) |
0.144 |
5.1 X |
| XPENG (Bear) |
55756 |
98.3 (96.8) |
0.225 |
3.3 X |
| XPENG (Bear) |
62861 |
88.3 (86.8) |
0.135 |
5.4 X |
| TSLA (C) |
10010 |
530 (-) |
0.510 |
5.2 X |
| TSLA (P) |
10011 |
370 (-) |
0.365 |
4.3 X |
