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Stock Market & Financial Investment News

News Breaks
July 21, 2014
12:25 EDTKNDIKandi Technologies volatility flat on sharp rally
Kandi Technologies August call option implied volatility is at 90, September is at 74, December is at 67; compared to its 26-week average of 88 according to Track Data, suggesting non-directional price movement after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country, though domestically-made ones would.
News For KNDI From The Last 14 Days
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April 29, 2015
09:26 EDTKNDIChina electric car subsidies roll back quicker than expected, Reuters says
A final version of a Chinese policy statement confirmed a previously released draft in showing that the country will cut back on its subsidies for electric vehicles more quickly than expected, according to Reuters. China will scale back its 2016 subsidy levels by 20% in 2017-2018 and by 40% in 2019-2020, the report noted. Companies that sell electric vehicles in China include Tesla (TSLA) and Kandi (KNDI). Reference Link

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