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China is implementing various measures to support the replacement of obsolete automobiles with new energy or energy-saving vehicles. The government is also providing strong financing for equipment upgrades and trade-ins of consumer goods. Additionally, China is tightening supervision of the stock market, suggesting clear disclosure of dividend policy when listing and proposing stricter regulatory requirements for high-frequency trading.
#China's top securities regulator #CSRC issued draft rules to tighten regulations on company listings, delistings, quant trading https://t.co/haGgRmRP6L
⚠️ CHINA STRENGTHENS STOCK MARKET TRADING, LISTING REGULATIONS Full Story → https://t.co/keje6diidB China's securities regulator issued draft rules to strengthen regulations on company listings, delistings and quant trading on Friday, in a move to improve the stock market and… https://t.co/PDjWLrrh2r
CHINA MOFCOM ISSUED PLANS TO PROMOTE TRADE-IN PROGRAMS FOR CONSUMER GOODS, AIMING TO INCREASE SECOND-HAND VEHICLE TRANSACTIONS BY 45% BY 2027 VS 2023. #CHINA WILL OFFER SUBSIDIES TO CAR OWNERS WHO SCRAP OUTDATED CARS AND REPLACE THEM WITH NEVS. $TSLA $BYD $XIACY $LI $NIO $XPEV https://t.co/B706fbFuh0