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 (-) |
0.078 |
5.7 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.030 |
10.3 X |
| GEELY (Bull) |
65192 |
13 (13.5) |
0.052 |
5.9 X |
| GEELY (Bear) |
64240 |
20.5 (20) |
0.097 |
3.2 X |
| BYD (C) |
18941 |
128.433 (-) |
0.029 |
5.3 X |
| BYD (C) |
22881 |
116.98 (-) |
0.056 |
7.8 X |
| BYD (C) |
25582 |
106.98 (-) |
0.143 |
5.4 X |
| BYD (P) |
17863 |
100.78 (-) |
0.229 |
5.2 X |
| BYD (P) |
22345 |
81.83 (-) |
0.092 |
5.5 X |
| BYD (Bull) |
62764 |
89.1 (90.5) |
0.080 |
12.0 X |
| BYD (Bull) |
64618 |
86.1 (87.5) |
0.107 |
9.0 X |
| BYD (Bear) |
57764 |
107.4 (106) |
0.102 |
9.4 X |
| BYD (Bear) |
64256 |
105.4 (104) |
0.084 |
11.5 X |
| XIAOMI (C) |
24817 |
48.02 (-) |
0.026 |
9.3 X |
| XIAOMI (C) |
25027 |
41.9 (-) |
0.092 |
3.1 X |
| XIAOMI (C) |
24819 |
37.12 (-) |
0.060 |
4.5 X |
| XIAOMI (Bull) |
55965 |
30.1 (30.5) |
0.018 |
17.5 X |
| XIAOMI (Bull) |
57805 |
29.1 (29.5) |
0.028 |
11.3 X |
| XIAOMI (Bear) |
64084 |
37.4 (37) |
0.049 |
6.4 X |
| XIAOMI (Bear) |
67238 |
36.4 (36) |
0.042 |
7.5 X |
| LI (C) |
22046 |
96.85 (-) |
0.064 |
3.6 X |
| LI (Bull) |
54259 |
59 (63) |
0.084 |
7.9 X |
| LI (Bull) |
55810 |
54 (58) |
0.130 |
5.1 X |
| LI (Bear) |
62825 |
84 (80) |
0.167 |
4.0 X |
| GWMC (C) |
23238 |
18.19 (-) |
0.045 |
5.6 X |
| NIO (C) |
17588 |
34.71 (-) |
0.113 |
4.1 X |
| XPENG (Bull) |
62667 |
56 (57.5) |
0.084 |
7.6 X |
| TSLA (C) |
11036 |
590 (-) |
0.118 |
7.2 X |
| TSLA (P) |
10011 |
370 (-) |
0.101 |
15.1 X |
