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 (-) |
0.053 |
6.1 X |
| GEELY (C) |
22052 |
21.01 (-) |
0.051 |
8.0 X |
| GEELY (Bull) |
64299 |
15 (15.5) |
0.045 |
7.6 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.066 |
5.2 X |
| GEELY (Bear) |
56088 |
22.5 (22) |
0.100 |
3.4 X |
| GEELY (Bear) |
64240 |
20.5 (20) |
0.064 |
5.3 X |
| BYD (C) |
18941 |
128.433 (-) |
0.043 |
4.5 X |
| BYD (C) |
22881 |
116.98 (-) |
0.114 |
5.6 X |
| BYD (C) |
22047 |
112.21 (-) |
0.080 |
7.7 X |
| BYD (P) |
17863 |
100.78 (-) |
0.249 |
4.3 X |
| BYD (P) |
22345 |
81.83 (-) |
0.113 |
4.5 X |
| BYD (Bull) |
69228 |
92.4 (93.8) |
0.060 |
16.2 X |
| BYD (Bull) |
64611 |
90.1 (91.5) |
0.084 |
11.6 X |
| BYD (Bear) |
59234 |
109.4 (108) |
0.104 |
9.4 X |
| BYD (Bear) |
64256 |
105.4 (104) |
0.070 |
13.9 X |
| XIAOMI (C) |
15792 |
55.93 (-) |
0.051 |
4.9 X |
| XIAOMI (C) |
22185 |
52.93 (-) |
0.080 |
4.1 X |
| XIAOMI (C) |
22735 |
52.9 (-) |
0.138 |
7.1 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.062 |
4.5 X |
| XIAOMI (Bull) |
69239 |
38.6 (39) |
0.034 |
12.2 X |
| XIAOMI (Bull) |
68869 |
38.1 (38.5) |
0.038 |
10.9 X |
| XIAOMI (Bear) |
54885 |
44.4 (44) |
0.026 |
15.9 X |
| XIAOMI (Bear) |
55713 |
43.4 (43) |
0.018 |
23.0 X |
| LI (C) |
22046 |
96.85 (-) |
0.095 |
3.1 X |
| LI (Bull) |
63006 |
60 (64) |
0.096 |
7.2 X |
| LI (Bull) |
55810 |
54 (58) |
0.163 |
4.2 X |
| LI (Bear) |
62825 |
84 (80) |
0.139 |
4.9 X |
| GWMC (C) |
14653 |
21.52 (-) |
0.076 |
4.9 X |
| XPENG (C) |
17964 |
108.78 (-) |
0.068 |
3.7 X |
| XPENG (P) |
22390 |
78.63 (-) |
0.173 |
1.8 X |
| XPENG (Bull) |
64592 |
70 (71.5) |
0.056 |
13.4 X |
| XPENG (Bull) |
58392 |
65 (66.5) |
0.110 |
6.8 X |
| XPENG (Bear) |
55756 |
98.3 (96.8) |
0.212 |
3.5 X |
| XPENG (Bear) |
62861 |
88.3 (86.8) |
0.122 |
6.1 X |
| TSLA (C) |
10010 |
530 (-) |
0.500 |
5.2 X |
| TSLA (P) |
10011 |
370 (-) |
0.365 |
4.3 X |
