As of may 2020, the shanghai card alert price was $89,300. The minimum bid for april was $90,400 and the average bid was $90,494, with a 10. 0 per cent winning bid。
The may licence auction will take place on 23 may (10. 30 - 11. 30), with 16,500 on a personal basis this month, and 1276 on a vehicle basis, with a total of 1,7776 auctions, an increase of 3,366 over last month。
Recent card statistics
2020:
January: personal rate of 8612, 131948, minimum bargain of $90,500, average of $90557, winning rate of 6. 5 per cent
February: 796 persons, 130962 persons, minimum bargain of $90,900, average of $90,941, winning rate of 6. 1 per cent
March: 1170 personal, 133903 competing, minimum bargain of $90,100, average of $90141, 8. 9 per cent
April: a total of 1,4410, 1,44210 auctions were conducted at a minimum of $90,400 at an average price of $90,494, or 10. 0 per cent
Extension:
In accordance with the objectives and principles of “control, price stability and containment”, the shanghai motor vehicle auction improvement programme was formally implemented in august 2013 at the motor vehicle line auction, the most important of which was to clarify the mechanism for initiating the “warning price”。
“alarm price” is the upper limit of the first bid phase, which is not accepted by the system when it is higher; the second phase price modification is still under the current methodology. In principle, the amount of the auction increases by more than 3 per cent (including) per month, and the first bid phase is launched the following month with the introduction of “alert price” measures。
In the case of an increase of more than 6 per cent per month per month, the first bid phase was introduced for two consecutive months from the following month at the same price. The “alarm price” price is set at a weighted average of the average price for the most recent three months after removing the month of abnormal price fluctuations (by an increase of more than 3 per cent)。
