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Russians Get Chinese Help to Make Citroen EVs at Stellantis Plant

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they came from China&#039;s Dongfeng Motor Group" /> <meta property="og:url" content="https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant" /> <meta property="og:site_name" content="Asia Financial" /> <meta property="article:publisher" content="https://www.facebook.com/asiafinancialnewsgroup" /> <meta property="article:published_time" content="2024-02-15T07:54:00+00:00" /> <meta property="og:image" content="https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg" /> <meta property="og:image:width" content="800" /> <meta property="og:image:height" content="561" /> <meta property="og:image:type" content="image/jpeg" /> <meta name="author" content="Jim Pollard" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:creator" content="@Asia_Financial" /> <meta name="twitter:site" content="@Asia_Financial" /> <meta name="twitter:label1" content="Written by" /> <meta name="twitter:data1" content="Jim Pollard" /> <meta name="twitter:label2" content="Est. reading time" /> <meta name="twitter:data2" content="4 minutes" /> <script type="application/ld+json" class="yoast-schema-graph">{"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://www.asiafinancial.com/#organization","name":"Asia Financial","url":"https://www.asiafinancial.com/","sameAs":["https://www.instagram.com/asiafinancial/","https://www.facebook.com/asiafinancialnewsgroup","https://twitter.com/Asia_Financial"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://www.asiafinancial.com/#/schema/logo/image/","url":"https://www.asiafinancial.com/wp-content/uploads/2021/05/AF-News-General-large.png","contentUrl":"https://www.asiafinancial.com/wp-content/uploads/2021/05/AF-News-General-large.png","width":1024,"height":1024,"caption":"Asia Financial"},"image":{"@id":"https://www.asiafinancial.com/#/schema/logo/image/"}},{"@type":"WebSite","@id":"https://www.asiafinancial.com/#website","url":"https://www.asiafinancial.com/","name":"Asia Financial","description":"Latest Financial News Today, China Stock Market News LIVE","publisher":{"@id":"https://www.asiafinancial.com/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://www.asiafinancial.com/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant#primaryimage","url":"https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg","contentUrl":"https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg","width":800,"height":561,"caption":"A Citroen C5 Aircross SUV Hybrid is plugged to a charging station at Brussels Motor Show, Belgium January 9, 2020 (Reuters)."},{"@type":"WebPage","@id":"https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant","url":"https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant","name":"Russians Get Chinese Help to Make Citroen EVs at Stellantis Plant","isPartOf":{"@id":"https://www.asiafinancial.com/#website"},"primaryImageOfPage":{"@id":"https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant#primaryimage"},"image":{"@id":"https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant#primaryimage"},"thumbnailUrl":"https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg","datePublished":"2024-02-15T07:54:00+00:00","dateModified":"2024-02-15T07:54:00+00:00","description":"Late last year a Russian firm imported over car kits to assemble Citroёns at an old plant still owned by Stellantis; 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} .author-content{ width: 100% !important; } .post-excerpt h4 { font-size: 16px; font-style: italic; color: grey; line-height: 23px; } .tt-post { border: 0px solid #489bd4 !important; -webkit-box-shadow: 0 0px 0 0 #eaeaea !important; -moz-box-shadow: 0 0px 0 0 #eaeaea !important; box-shadow: 0 0px 0 0 #eaeaea !important; } @media only screen and (min-width: 769px) { .relatedsingle{ height: 396px; } .h1, .h2, .h3, h1, h2, h3, .tt-title-text{ margin-top: 0px !important; margin-bottom: 0px !important; } } #fkgUBk { display: none; } </style> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:description" content="Late last year a Russian firm imported car kits to assemble Citroёn C5 models at an old plant still owned by Stellantis; they came from China&#039;s Dongfeng Motor Group" /> <meta name="twitter:title" content="Russians Get Chinese Help to Make Citroen EVs at Stellantis Plant" /> <meta name="twitter:site" content="@ATFinancial_" /> <meta name="twitter:image" content="https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg" /><script type="application/ld+json">{ "@context": "http:\/\/schema.org", "@type": "newsarticle", "inLanguage": "en", "url": "https:\/\/www.asiafinancial.com", "articleBody": "&nbsp;\r\n\r\nCarmaker &lt;strong&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/stellantis-secures-china-foothold-with-1-6bn-leapmotor-deal&quot;&gt;Stellantis&lt;\/a&gt;&lt;\/strong&gt; halted production in Russia in April 2022 \u2013 but that, according to customs data and two local sources, did not stop Russian operators from teaming up with a Chinese partner last year to start making new versions of Stellantis&#039; Citroen models.\r\n\r\nIn December last year, &lt;strong&gt;&lt;a href=&quot;https:\/\/www.mos.ru\/&quot;&gt;Russian company Automotive Technologies&lt;\/a&gt;&lt;\/strong&gt; imported at least 42 car kits for assembling the Citro\u0451n C5 Aircross model at the Kaluga plant, which is still majority-owned by Stellantis, customs records drawn from a commercial trade data provider showed.\r\n\r\nManufactured in China, the kits were produced by China&#039;s &lt;strong&gt;&lt;a href=&quot;http:\/\/www.dongfeng-global.com\/&quot;&gt;Dongfeng Motor Group&lt;\/a&gt;&lt;\/strong&gt;, the data showed.\r\n\r\n&nbsp;\r\n&lt;h3&gt;ALSO SEE:\u00a0&lt;a href=&quot;https:\/\/www.asiafinancial.com\/chinas-byd-in-talks-on-mexico-factory-for-exports-to-us-nikkei&quot;&gt;China\u2019s BYD in Talks on Mexico Factory for Exports to US \u2013 Nikkei&lt;\/a&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n\r\nAutomotive Technologies was assembling the Citro\u0451n C5 Aircross at the Kaluga factory, according to two employees at different Russian car dealerships. The sources spoke on condition of anonymity because the information is not public.\r\n\r\nIt is not clear if the kits from China contained parts that fall under the scope of &lt;strong&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/us-will-absolutely-sanction-chinese-firms-that-bust-russia-sanctions&quot;&gt;Western sanctions on Russia&lt;\/a&gt;&lt;\/strong&gt;, to which Beijing is not a party, and there is no suggestion from the customs data or sources that Stellantis knew about the imports.\r\n\r\nBut the findings highlight the lack of control Western companies such as Ikea or Carlsberg now have over their brands after suspending Russian operations or leaving the country after the February 2022 invasion of Ukraine.\r\n\r\nThey also demonstrate Moscow&#039;s increasing dependence on Beijing, particularly in the car industry.\r\n\r\n&nbsp;\r\n&lt;h2&gt;Stellantis admits losing control of its entities in Russia&lt;\/h2&gt;\r\nIn response to Reuters&#039; findings, Stellantis said it had concluded since December 31, 2023, that it has &quot;lost control of its entities in Russia.&quot;\r\n\r\nStellantis said it had recognised a loss of 144 million euros ($154.53 million) as a result, including the loss of 87 million euros of cash and cash equivalents.\r\n\r\nChinese state-owned Dongfeng, Russia&#039;s industry and trade ministry and Automotive Technologies did not respond to emailed requests for comment.\r\n\r\nRussia&#039;s auto industry had been heavily reliant on investment, equipment and parts from overseas, particularly Europe.\r\n\r\nStellantis blamed logistical difficulties and the sanctions imposed on Moscow when it halted operations. It owns 70% of the Kaluga plant with the remaining 30% held by Mitsubishi Motors. Prior to Russia&#039;s invasion of Ukraine, the factory produced Peugeot, Citroen, Opel and Mitsubishi cars with an annual capacity of 125,000 vehicles.\r\n\r\n&nbsp;\r\n&lt;h2&gt;&#039;Parallel imports&#039; scheme&lt;\/h2&gt;\r\nAlthough many foreign carmakers have since left the Russian market, some supplies continue to make their way to the country through a &quot;parallel imports&quot; scheme introduced by Moscow. That allows importers to bring in products from abroad without the trademark owner&#039;s permission.\r\n\r\nCitroen models continue to be available for sale in Russia, four Russian car dealers said.\r\n\r\nIn December 2023, the Kaluga plant&#039;s operators hosted an official launch for the &quot;production of medium-sized crossovers.&quot; Reuters was not invited.\r\n\r\nAutomotive Technologies, a company registered in Moscow in March 2023 and 100% owned by Galina Dolgolenko, said in December it was assembling a pilot batch of 48 imported cars, ahead of mass production beginning in 2024, but did not name the supplier or model of car.\r\n\r\nPavel Bezruchenko, Automotive Technologies&#039; strategic development director, was quoted in the Russian newspaper Vedomosti in December as saying the company brings in cars from China using parallel imports.\r\n\r\nBezruchenko did not answer the phone or reply to messages seeking comment.\r\n\r\nTwo car dealership employees said that Automotive Technologies had informed them that they would be receiving Citroen C5 Aircross models, assembled in Kaluga from imported kits.\r\n\r\nHowever, it was not clear whether the cars rolling off the production line would retain the Citroen brand.\r\n\r\nIn 2022, Russia &lt;strong&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/chinese-carmakers-grab-half-of-russias-auto-market&quot;&gt;revived the Soviet-era Moskvich car&lt;\/a&gt;&lt;\/strong&gt;, but sources said the Moskvich 3 model was a Sehol X4 made by &lt;strong&gt;&lt;a href=&quot;https:\/\/jacen.jac.com.cn&quot;&gt;JAC Motors&lt;\/a&gt;&lt;\/strong&gt;, assembled in Moscow using kits purchased from a Chinese partner.\r\n\r\nDongfeng and Stellantis, the world&#039;s third-largest automaker by revenue, operate a commercial joint venture in China, through which Dongfeng can build and sell Stellantis cars in China.\r\n\r\nChinese carmakers have been plugging the gaps left in Russia by their departing Western competitors, but sales of Chinese cars appear to have peaked at more than 56% of the market as Russia&#039;s domestic production slightly recovered.\r\n\r\n&nbsp;\r\n&lt;ul&gt;\r\n \t&lt;li&gt;Reuters with additional editing by Jim Pollard&lt;\/li&gt;\r\n&lt;\/ul&gt;\r\n&nbsp;\r\n&lt;h3&gt;ALSO SEE:&lt;\/h3&gt;\r\n&nbsp;\r\n&lt;h3 class=&quot;reports-big-head&quot;&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/chinese-carmakers-grab-half-of-russias-auto-market&quot;&gt;Chinese Carmakers Grab Half of Russia\u2019s Auto Market&lt;\/a&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n&lt;h3 class=&quot;reports-big-head&quot;&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/stellantis-secures-china-foothold-with-1-6bn-leapmotor-deal&quot;&gt;Stellantis Secures China Foothold With $1.6bn Leapmotor Deal&lt;\/a&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n&lt;h3&gt;&lt;strong&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/foxconn-stellantis-join-forces-in-auto-industry-chips-jv&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Foxconn, Stellantis Join Forces in Auto Industry Chips JV&lt;\/a&gt;&lt;\/strong&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n&lt;h3&gt;&lt;strong&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/stellantis-eyes-india-to-create-affordable-evs-for-export&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Stellantis Eyes India to Create Affordable EVs for Export&lt;\/a&gt;&lt;\/strong&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n&lt;h3 class=&quot;reports-big-head&quot;&gt;&lt;a href=&quot;https:\/\/www.asiafinancial.com\/nissan-sells-russia-operation-for-1-euro-losing-it-687m&quot;&gt;Nissan Sells Russia Operation for 1 Euro Losing it $687m&lt;\/a&gt;&lt;\/h3&gt;\r\n&nbsp;\r\n\r\n&nbsp;", "articleSection": "Asia", "mainEntityOfPage": { "@type": "WebPage", "url": "https:\/\/www.asiafinancial.com\/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant" }, "headline": "Russians Get Chinese Help to Make Citroen EVs at Stellantis Plant", "description": "Late last year a Russian firm imported car kits to assemble Citro\u0451n C5 models at an old plant still owned by Stellantis; 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they came from China&#8217;s Dongfeng Motor Group</p> </h4> </div> <br> <div class="sharethisbx"> <ul class="custom-share"> <li class="facebook"> <a target="_blank" rel="nofollow" href="https://www.facebook.com/sharer/sharer.php?u=https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant"> <i class="fb"><img alt="facebook" src="https://www.asiafinancial.com/wp-content/themes/atf/images/facebook.svg"></i> </a> </li> <li class="twit"> <a rel="nofollow" target="_blank" href="https://twitter.com/share?text=Russians%20Get%20Chinese%20Help%20to%20Make%20Citroen%20EVs%20at%20Stellantis%20Plant&url=https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant"> <i class="twit"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/twitter.svg?v=1" alt="twitter"></i> </a> </li> <li class="whatsapp"> <a rel="nofollow" href="whatsapp://send?text=https://www.asiafinancial.com/russians-get-chinese-help-to-make-citroen-evs-at-stellantis-plant"> <i class="wapp"><img src="https://www.asiafinancial.com/wp-content/themes/atf/images/whatsapp.svg" alt="whatsapp"></i> </a> </li> </ul> </div> </div> </div> <div class="story-big-img"> <figure> <!-- <a href="#"><span class="icon videocam"></span></a> --> <img src="https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" loading="lazy" srcset="https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs.jpg 800w, https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs-300x210.jpg 300w, https://www.asiafinancial.com/wp-content/uploads/2024/02/A-Citroen-C5-Aircross-SUV-Hybrid-is-plugged-to-a-charging-station-at-Brussels-Motor-Show-Jan-9-2020-Rs-768x539.jpg 768w" sizes="100vw" /> <figcaption style="line-height: 17px; font-size: 12px; font-weight: 500; margin-top: 10px; color: #aaaaaa;"> A Citroen C5 Aircross SUV Hybrid is plugged to a charging station at Brussels Motor Show, Belgium January 9, 2020 (Reuters). </figcaption> </figure> </div> <div class="content"> <p> </p> <p>Carmaker <strong><a href="https://www.asiafinancial.com/stellantis-secures-china-foothold-with-1-6bn-leapmotor-deal">Stellantis</a></strong> halted production in Russia in April 2022 – but that, according to customs data and two local sources, did not stop Russian operators from teaming up with a Chinese partner last year to start making new versions of Stellantis&#8217; Citroen models.</p> <p>In December last year, <strong><a href="https://www.mos.ru/">Russian company Automotive Technologies</a></strong> imported at least 42 car kits for assembling the Citroёn C5 Aircross model at the Kaluga plant, which is still majority-owned by Stellantis, customs records drawn from a commercial trade data provider showed.</p> <p>Manufactured in China, the kits were produced by China&#8217;s <strong><a href="http://www.dongfeng-global.com/">Dongfeng Motor Group</a></strong>, the data showed.</p> <p> </p> <h3>ALSO SEE: <a href="https://www.asiafinancial.com/chinas-byd-in-talks-on-mexico-factory-for-exports-to-us-nikkei">China’s BYD in Talks on Mexico Factory for Exports to US – Nikkei</a></h3> <p> </p> <p>Automotive Technologies was assembling the Citroёn C5 Aircross at the Kaluga factory, according to two employees at different Russian car dealerships. The sources spoke on condition of anonymity because the information is not public.</p> <p>It is not clear if the kits from China contained parts that fall under the scope of <strong><a href="https://www.asiafinancial.com/us-will-absolutely-sanction-chinese-firms-that-bust-russia-sanctions">Western sanctions on Russia</a></strong>, to which Beijing is not a party, and there is no suggestion from the customs data or sources that Stellantis knew about the imports.</p> <p>But the findings highlight the lack of control Western companies such as Ikea or Carlsberg now have over their brands after suspending Russian operations or leaving the country after the February 2022 invasion of Ukraine.</p> <p>They also demonstrate Moscow&#8217;s increasing dependence on Beijing, particularly in the car industry.</p> <p> </p> <h2>Stellantis admits losing control of its entities in Russia</h2> <p>In response to Reuters&#8217; findings, Stellantis said it had concluded since December 31, 2023, that it has &#8220;lost control of its entities in Russia.&#8221;</p> <p>Stellantis said it had recognised a loss of 144 million euros ($154.53 million) as a result, including the loss of 87 million euros of cash and cash equivalents.</p> <p>Chinese state-owned Dongfeng, Russia&#8217;s industry and trade ministry and Automotive Technologies did not respond to emailed requests for comment.</p> <p>Russia&#8217;s auto industry had been heavily reliant on investment, equipment and parts from overseas, particularly Europe.</p> <p>Stellantis blamed logistical difficulties and the sanctions imposed on Moscow when it halted operations. It owns 70% of the Kaluga plant with the remaining 30% held by Mitsubishi Motors. Prior to Russia&#8217;s invasion of Ukraine, the factory produced Peugeot, Citroen, Opel and Mitsubishi cars with an annual capacity of 125,000 vehicles.</p> <p> </p> <h2>&#8216;Parallel imports&#8217; scheme</h2> <p>Although many foreign carmakers have since left the Russian market, some supplies continue to make their way to the country through a &#8220;parallel imports&#8221; scheme introduced by Moscow. That allows importers to bring in products from abroad without the trademark owner&#8217;s permission.</p> <p>Citroen models continue to be available for sale in Russia, four Russian car dealers said.</p> <p>In December 2023, the Kaluga plant&#8217;s operators hosted an official launch for the &#8220;production of medium-sized crossovers.&#8221; Reuters was not invited.</p> <p>Automotive Technologies, a company registered in Moscow in March 2023 and 100% owned by Galina Dolgolenko, said in December it was assembling a pilot batch of 48 imported cars, ahead of mass production beginning in 2024, but did not name the supplier or model of car.</p> <p>Pavel Bezruchenko, Automotive Technologies&#8217; strategic development director, was quoted in the Russian newspaper Vedomosti in December as saying the company brings in cars from China using parallel imports.</p> <p>Bezruchenko did not answer the phone or reply to messages seeking comment.</p> <p>Two car dealership employees said that Automotive Technologies had informed them that they would be receiving Citroen C5 Aircross models, assembled in Kaluga from imported kits.</p> <p>However, it was not clear whether the cars rolling off the production line would retain the Citroen brand.</p> <p>In 2022, Russia <strong><a href="https://www.asiafinancial.com/chinese-carmakers-grab-half-of-russias-auto-market">revived the Soviet-era Moskvich car</a></strong>, but sources said the Moskvich 3 model was a Sehol X4 made by <strong><a href="https://jacen.jac.com.cn">JAC Motors</a></strong>, assembled in Moscow using kits purchased from a Chinese partner.</p> <p>Dongfeng and Stellantis, the world&#8217;s third-largest automaker by revenue, operate a commercial joint venture in China, through which Dongfeng can build and sell Stellantis cars in China.</p> <p>Chinese carmakers have been plugging the gaps left in Russia by their departing Western competitors, but sales of Chinese cars appear to have peaked at more than 56% of the market as Russia&#8217;s domestic production slightly recovered.</p> <p> </p> <ul> <li>Reuters with additional editing by Jim Pollard</li> </ul> <p> </p> <h3>ALSO SEE:</h3> <p> </p> <h3 class="reports-big-head"><a href="https://www.asiafinancial.com/chinese-carmakers-grab-half-of-russias-auto-market">Chinese Carmakers Grab Half of Russia’s Auto Market</a></h3> <p> </p> <h3 class="reports-big-head"><a href="https://www.asiafinancial.com/stellantis-secures-china-foothold-with-1-6bn-leapmotor-deal">Stellantis Secures China Foothold With $1.6bn Leapmotor Deal</a></h3> <p> </p> <h3><strong><a href="https://www.asiafinancial.com/foxconn-stellantis-join-forces-in-auto-industry-chips-jv" target="_blank" rel="noopener">Foxconn, Stellantis Join Forces in Auto Industry Chips JV</a></strong></h3> <p> </p> <h3><strong><a href="https://www.asiafinancial.com/stellantis-eyes-india-to-create-affordable-evs-for-export" target="_blank" rel="noopener">Stellantis Eyes India to Create Affordable EVs for Export</a></strong></h3> <p> </p> <h3 class="reports-big-head"><a href="https://www.asiafinancial.com/nissan-sells-russia-operation-for-1-euro-losing-it-687m">Nissan Sells Russia Operation for 1 Euro Losing it $687m</a></h3> <p> </p> <p> </p> <div class="tags"> </div> <div class="author-box"> <div class="profile_images"><img width="96" height="96" src="https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--96x96.jpg" class="avatar avatar-96 photo imgauthor" alt="" loading="lazy" srcset="https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--96x96.jpg 96w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--150x150.jpg 150w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--24x24.jpg 24w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--48x48.jpg 48w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--300x300.jpg 300w" sizes="100vw" /></div> <div class="author-content"> <h3><a href="https://www.asiafinancial.com/author/jim">Jim Pollard </a></h3> <p style="font-size: 14px;"> Jim Pollard is an Australian journalist based in Thailand since 1999. 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/*to count number of ticker received*/ var current_value; var last_value ; /* for the calculation of difference of curent and latest values */ data = JSON.parse(this.responseText); for (i in data) { if (i == 'calculationdate'){ continue; }; count = count + 1; if (min_value === undefined ){ min_value = Math.min.apply(Math, data[i]) } else if ( min_value > Math.min.apply(Math, data[i])){ min_value = Math.min.apply(Math, data[i]) }; if (max_value === undefined ){ max_value = Math.max.apply(Math, data[i]) } else if ( max_value > Math.max.apply(Math, data[i])){ max_value = Math.max.apply(Math, data[i]) }; last_value = data[i][data[i].length -2]; current_value = data[i][data[i].length -1]; results.push({ x: data.calculationdate, y: data[i], mode: 'lines', line: { color: ticker_colors[count-1], width: 2 }, name: i, }) }; if (range_selector){ plot_top = plot_top+30; }; if (mode_bar){ plot_top = plot_top+30; } /* add indicator in graph */ if (difference_indicator == true && count == 1){ var difference=current_value-last_value; console.log(difference); var previousValueDOM=document.querySelector('#allindex_indicator') /* Jquery Code */ if(current_value==undefined || last_value==undefined){ previousValueDOM.innerHTML="Loading..."; } previousValueDOM.innerHTML=difference; if(current_value>last_value){ previousValueDOM.style.color="#0CA654" previousValueDOM.innerHTML="Last change : ".concat(difference.toFixed(2)); }else if(current_value<last_value){ previousValueDOM.style.color="#EF421B" previousValueDOM.innerHTML="Last change : ".concat(difference.toFixed(2)); } if(mode_bar){ plot_top = plot_top+20; } else { plot_top = plot_top+50; }; } var layout = { xaxis: { title: 'Date', autorange: true, rangeselector: range_selector, domain: [0, 1], rangeslider: range_slider, tickmode: "auto", hoverformat: '%e %b %Y' }, yaxis: { domain: [0, 1], title: 'Value', range: [Math.min.apply(Math, data.calculationdate), Math.max.apply(Math, data.calculationdate)], }, legend: { orientation: "h", /* h= horizontal, v=vertical */ yanchor: "bottom", xanchor: "right", x: 1, y: 0.95, /* x and y locatin where to place */ bgcolor: 'rgba(0,0,0,0)', }, showlegend: true, margin: { l: plot_left, r: plot_right, b: plot_bottom, t: plot_top, }, }; const plot = document.querySelector('.ql_plot'); const styles = {'width': plot_width, 'height': plot_height}; Object.assign(plot.style, styles); Plotly.newPlot( 'allindex_plot_2', results, layout, {displayModeBar: mode_bar}); } }); xhr.open("GET", "https://tool.allindex.com/api/index/" + ticker + "/values/key/?format=json"); xhr.send();</script> <div> <div id="allindex_indicator" class="ql_overlay allindex_indices"></div> <div id="allindex_plot_2" class="allindex_chart" ></div> </div> </div> </div> </div> </div> <div class="clear"></div> </div> --> <div id="subscribe"></div> <div class="clear"></div> <div class="tt-newsletter" style="margin:15px 0 15px 0;"> <div class="klaviyo-form-U4u3kX"></div> </div> <div class="clear"></div> <div 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'+' : '') + percentChange.toFixed(2) + '%'; var border = '1px solid #8ac53e'; if ( ! isPositive ) { border = '1px solid red'; } text = 'value' if ( index.key == 'ALLIBL50' ) { text = 'AF China Bond'; } else if ( index.key == 'KOINTR' ) { text = 'AF Global Fintech'; } else if ( index.key == 'EKARTR' ) { text = 'AF Global EV'; } else { if ( text == '' ) { text = index.key; } } headstr += '<li style><a style="color:#fff; font-weight:400;" href="https://www.asiafinancial.com/asia-financial-index-group">'+ text +'</a><span style="border:'+ border +'">'+ formatprecentage +'</span></li>'; if ( counter == 0 ) { mobistr += '<li style><a style="color:#fff; font-weight:400;" href="https://www.asiafinancial.com/asia-financial-index-group">'+ text +'</a><span style="border:'+ border +'">'+ formatprecentage +'</span></li>'; } parsedData.push({ name: name, key: key, level: datum.level_T, change: change, percentChange: percentChange, formattedLevel: datum.level_T.toFixed(3), formattedChange: (isPositive ? 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'+' : '') + percentChange.toFixed(2) + '%', isPositive: isPositive, currentLevel: datum.level_T, previouLevel: datum.level_T_minus_1, }); counter++; } //jQuery("#top-list ul").append(headstr + '<li><a href="https://www.marketaxess.com/?utm_source=Asia_Times_Financial&utm_medium=Logo_Sponsorship&utm_campaign=ALM" target="_blank"><img src="https://www.asiafinancial.com/wp-content/uploads/2021/05/logo-market-access.jpg"></a></li>'); jQuery("#top-list ul").append(headstr); //jQuery("#top-list-mobi ul").append(mobistr + '<li><a href="https://www.marketaxess.com/?utm_source=Asia_Times_Financial&utm_medium=Logo_Sponsorship&utm_campaign=ALM" target="_blank"><img src="https://www.asiafinancial.com/wp-content/uploads/2021/05/logo-market-access.jpg"></a></li>'); jQuery("#top-list-mobi ul").append(mobistr); //return parsedData; } function populateContent(data) { const containerEl = document.querySelector( "section.marquee .marquee-items" ); for (var index of data) { // Create HTML elements var indexEl = document.createElement("li"); indexEl.classList.add("marquee-item"); indexEl.classList.add(index.isPositive ? 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