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Global Times – Metro Shanghai - - PULSE -

– the num­ber of bid­ders who com­peted for 7,482 li­cense plates at the most re­cent Shang­hai car plate auc­tion on Satur­day, a record high in lo­cal his­tory. The auc­tion’s suc­cess rate dropped to a new low of 4.79 per­cent. The av­er­age price for a li­cense plate was 79,099 yuan ($12,761), down from last month’s 1,660 yuan.

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