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Open End Tracker Certificate on Solactive China Automobile Performance-Index

  • Symbol TRACK CHINA AUTO VON
  • ISIN DE000VS0QCA4
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Solactive China Automobile Index

Solactive China Automobile Index

22 November 2017

A new Tracker Certificates Open-End linked to the Solactive China Automobile Index is issued in Sweden (ISIN DE000VS0QCA4). With about 28 million sold cars annually, China accounts for nearly a third of the world’s automotive market. The certificate depicts the Chinese automobile sector and includes well known Chinese corporates like Geely or BYD. The Index performed about 164% in the last five years (20.11.2017).

With about 28 million sold cars annually, China accounts for nearly a third of the world’s automotive market. This is a decisive acceleration since 2009, when the country has surpassed for the first time the major automotive markets in the world, namely the United States and Japan. The reason of market growth is the massive rise of the middle class. China is experiencing rapid urbanization: the Chinese middle class is growing dynamically and incomes are rising. In this context, demand for automobiles as a means of mobility and a symbol of economic ascent, but also as an expression of the desire for individuality and independence, could be growing. That is why the Chinese market has long been the target of major international manufacturers. Major OEMs such as German Volkswagen or American General Motors are dominating the industry, even though local producers are slowly gaining ever-wider market slices.

 

 

This information does not constitute a financial analysis, but product advertisement. Thus it does not meet the legal requirements to ensure the impartiality of financial analysis and is not subject to trade prohibition before the publication of a financial analysis.

For detailed information, particularly regarding the structure and the risks associated with an investment in the derivative financial instruments, prospective investors should read the Base Prospectus, which is available together with the Final Terms and any supplement to the Base Prospectus in electronic form on the issuer’s website: http://certificates.vontobel.com. Additionally, the Base Prospectus, any supplements to the Base Prospectus and the Final Terms are available in printed form, free of charge, at the registered office of the issuer: Vontobel Financial Products GmbH, Bockenheimer Landstrasse 24, 60323 Frankfurt am Main, Germany.

Investors should consider the applicable selling restrictions.

Companies of the Vontobel group may directly or indirectly pay commissions in varying amounts to third parties (e.g. brokers) in connection with the public offer and the distribution of the derivative financial instruments. Further information is available upon request from your distribution partner.

Without permission, this product advertisement may not be reproduced or redistributed.

18/09/2019 00:54:35