Shenzhen: NEV Replacement Subsidy Max. RMB15,000
The Shenzhen Municipal Bureau of Commerce released guidelines for the implementation of subsidies for vehicle replacement and renewal. The new policy adopts a subsidy mechanism based on the proportion of the car price, differing from the traditional fixed-amount subsidy method.
Individual consumers trading in old vehicles for new energy passenger cars will receive an 8% subsidy based on the car price, with a maximum subsidy of RMB15,000, according to the guidelines. Those trading in for fuel-powered vehicles will receive a 6% subsidy, with a maximum amount of RMB13,000.
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AASTOCKS Financial News
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| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
24891 |
19.51 (-) |
0.084 |
5.6 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.035 |
8.9 X |
| GEELY (Bull) |
65192 |
13 (13.5) |
0.055 |
5.7 X |
| GEELY (Bear) |
64240 |
20.5 (20) |
0.093 |
3.4 X |
| BYD (C) |
18941 |
128.433 (-) |
0.032 |
5.2 X |
| BYD (C) |
22881 |
116.98 (-) |
0.061 |
7.7 X |
| BYD (C) |
25582 |
106.98 (-) |
0.148 |
5.4 X |
| BYD (P) |
17863 |
100.78 (-) |
0.220 |
5.2 X |
| BYD (P) |
22345 |
81.83 (-) |
0.087 |
5.5 X |
| BYD (Bull) |
62764 |
89.1 (90.5) |
0.092 |
10.6 X |
| BYD (Bull) |
64618 |
86.1 (87.5) |
0.120 |
8.1 X |
| BYD (Bear) |
57764 |
107.4 (106) |
0.094 |
10.4 X |
| BYD (Bear) |
64256 |
105.4 (104) |
0.077 |
12.6 X |
| XIAOMI (C) |
24817 |
48.02 (-) |
0.028 |
9.2 X |
| XIAOMI (C) |
25027 |
41.9 (-) |
0.095 |
3.1 X |
| XIAOMI (C) |
24819 |
37.12 (-) |
0.062 |
4.5 X |
| XIAOMI (Bull) |
59209 |
30.6 (31) |
0.016 |
20.0 X |
| XIAOMI (Bull) |
59415 |
29.6 (30) |
0.028 |
11.4 X |
| XIAOMI (Bear) |
64084 |
37.4 (37) |
0.047 |
6.8 X |
| XIAOMI (Bear) |
67238 |
36.4 (36) |
0.039 |
8.2 X |
| LI (C) |
22046 |
96.85 (-) |
0.064 |
3.6 X |
| LI (Bull) |
54259 |
59 (63) |
0.086 |
7.8 X |
| LI (Bull) |
55810 |
54 (58) |
0.136 |
4.9 X |
| LI (Bear) |
62825 |
84 (80) |
0.164 |
4.1 X |
| GWMC (C) |
23238 |
18.19 (-) |
0.046 |
5.7 X |
| NIO (C) |
17588 |
34.71 (-) |
0.115 |
4.1 X |
| XPENG (Bull) |
62667 |
56 (57.5) |
0.087 |
7.3 X |
| TSLA (C) |
11036 |
590 (-) |
0.125 |
7.2 X |
| TSLA (P) |
11037 |
435 (-) |
1.050 |
3.1 X |
| TSLA (P) |
10011 |
370 (-) |
0.088 |
15.6 X |
