Trade QINGLING MOTORS - 1122 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.022
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.019152 %(-HK$3.83)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01915%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.002766 %(-HK$0.55)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00277%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 100
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.019152 %
  (-HK$3.83)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.002766 %
  (-HK$0.55)

Key Stats

• Prev. Close: 0.457
• Open: 0.479
• 1-Year Change: -43.91%
• Day's Range: 0.457 - 0.487

Trade QINGLING MOTORS - 1122

About Qingling Motors Co Ltd

Qingling Motors Co. Ltd is principally engaged in manufacture and sales of automobiles and related parts and components. The Company mainly has five business segments. The Light-duty Trucks segment is mainly engaged in manufacture and sales of light-duty trucks. The Multi-purposes Vehicles segment is mainly engaged in manufacture and sales of multi-purposes vehicles. The Pick-up Trucks segment is mainly engaged in manufacture and sales of pick-up trucks. The Medium and Heavy-duty Trucks segment is mainly engaged in manufacture and sales of medium and heavy-duty trucks. The Automobile Parts and Accessories segment is mainly engaged in manufacture and sales of automobile parts and accessories.

Financial summary

BRIEF: For the six months ended 30 June 2021, Qingling Motors Co Ltd revenues increased 20% to RMB2.7B. Net income increased 43% to RMB134.9M. Revenues reflect Light-Duty Trucks segment increase of 32% to RMB1.53B, Automobile Parts and Accessories segment increase of 73% to RMB159M, Pick-Up Trucks segment increase of 7% to RMB450.1M. Net income benefited from Light-Duty Trucks segment income increase of 36% to RMB102.9M.