Arab Today, arab today shanghai auction attracts record bidders prices drop
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Shanghai auction attracts record bidders, prices drop

Arab Today, arab today

Arab Today, arab today Shanghai auction attracts record bidders, prices drop

Shanghai auction attracts record bidders, prices
Shanghai - XINHUA

 Strong demand for "the world's most expensive piece of iron" continued in Shanghai in June as an auction of car registration plates attracted record high number of bidders.
The number of bidders increased to over 135,600 this month, roughly 20,000 more than last month, but only 7,400 plates are available.
The lowest winning bid fell to 73,800 yuan (about 12,000 U.S. dollars), down 600 yuan from May.
The average price of a Shanghai license plate for private car owners also dropped to 73,896 yuan.
It was the first time that prices for Shanghai plates, which the city's Party chief Han Zheng once publicly called, half-jokingly, "the world's most expensive piece of iron", have dropped over the past few months.
Shanghai's municipal government had earlier announced a ceiling for first-round bids in 2014, set according to the lowest ceiling last year.
The move prompted a price drop from last year's record high of nearly 100,000 yuan in the smog-choked city where traffic jams are commonplace.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shanghai auction attracts record bidders prices drop Arab Today, arab today shanghai auction attracts record bidders prices drop

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shanghai auction attracts record bidders prices drop Arab Today, arab today shanghai auction attracts record bidders prices drop

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday