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SZSE RAFI® 200 Index ETF
159908.SZ
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Almost half of China’s first time car buyers want an EV: survey

A Bloomberg Intelligence survey reveals that 47% of first-time car buyers in China prefer EVs due to affordability and improved technology, up from 25% in February. Existing car owners also show increased interest in EVs, with 52% planning to buy one next. Despite concerns over reduced government incentives, the focus is shifting to expanding charging infrastructure. Major battery makers like BYD and CATL are advancing fast-charging technologies to meet demand.

Businesstimes·
HK
03750
+3.28%
SZ
300750
+0.88%
Businesstimes·
HK
03750
+3.28%
SZ
300750
+0.88%

China Stocks Gain on Tech Boost

Chinese stocks rose with the Shanghai Composite up 0.5% and Shenzhen Component up 1.3%, driven by optimism in tech and AI sectors. Key gainers included Zhongji Innolight, Eoptolink Technology, and Suzhou TFC Optical. Moore Threads fell over 3% after a significant debut. Investors are also watching for China's November trade figures.

Trading Economics·
SZ
300308
+6.14%
Trading Economics·
SZ
300308
+6.14%
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