High: Low:
| Spread | 0.06 | Spread (%) | 0.77% |
|---|---|---|---|
| Overnight funding - Buy | -0.0606% | Overnight funding - Sell | -0.02724% |
| Initial margin | 50.00% | Maintenance margin | 25.00% |
| Leverage | 1:2 | Expires daily | No |
| Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
|---|---|---|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade | ||||
After weeks of strict lockdown measures, China’s electric vehicle sector is returning to business-as-usual. The latest figures reveal significant sales growth, albeit lower than might have been expected were productivity not limited by COVID-19 and supply chain problems.
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Several Chinese EV firms, as well as American sector leader Tesla, have made impressive numbers of vehicle deliveries over 2022’s first quarter. These accomplishments come despite continuing production and supply chain issues facing the global economy.
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Stocks in China’s technology and electric vehicle sectors shot up on Wednesday. This might be attributed to government statements released yesterday, which signalled a shift in tone and prioritisation of support and stability on the part of the government for China’s domestic firms.
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