In response to outstanding issues such as inflating hype and...
In response to outstanding issues such as inflating hype and high prices in the automotive chip market, the General Administration of Market Supervision recently opened a case investigation against automobile chip distributors suspected of driving up prices based on price monitoring and reporting leads.
China's market watchdog SAMR has investigated on investigating firms that bid up automobile chipset prices according to the monitoring scheme and whistle-blowings.
$XPeng(XPEV.US$
$NIO Inc(NIO.US$
$Li Auto(LI.US$
$Tesla(TSLA.US$
China's market watchdog SAMR has investigated on investigating firms that bid up automobile chipset prices according to the monitoring scheme and whistle-blowings.
$XPeng(XPEV.US$
$NIO Inc(NIO.US$
$Li Auto(LI.US$
$Tesla(TSLA.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Twitter@Sino_Market | Realtime Chinese market info provider.
9386Followers
4Following
8871Visitors
Follow
102592790 : well
Apoplo : Is that a good thing?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
YellowPika : carmakers bad news
voix YellowPika : wouldnt it be good news instead that marked up prices for chips, which is part of their manufacturing costs are now under preliminary investigations, sir?
YellowPika voix : ideally is good. unfortunately this action will spur gear action between China and US
qwerty1234 : Another day in the life of china news... this wasn't unexpected.
voix YellowPika : thanks for the reply.
true sir, the animosity is real. ^_^ that said, it is a general factor that will affect all stocks, while this should be positive for EV related stocks in particular, in view of the chip shortage. of course i can be wrong. ^_^