{"id":59911,"date":"2023-12-06T10:59:22","date_gmt":"2023-12-06T02:59:22","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=59911"},"modified":"2023-12-22T11:12:41","modified_gmt":"2023-12-22T03:12:41","slug":"rakuten-trade-ev-stocks-surge-tesla-giveaway","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/rakuten-trade-ev-stocks-surge-tesla-giveaway","title":{"rendered":"Rakuten Trade Launches Tesla Car Giveaway As Stocks Surge"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Rakuten Trade Sdn Bhd (Rakuten Trade), Malaysia\u2019s first fully digital equity broker has seen some major activity recently, especially when it comes to trading electric vehicle (EV) shares. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Interest in EVs continues to grow both locally and abroad.\u00a0 This interest is extending beyond just vehicles to include software, semiconductors, components, batteries, and lithium mining sectors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cDespite fluctuations in share prices and a nearly 40% reduction in Toyota Motor Corp&#8217;s 2023 EV sales forecast, investors are still interested in these stocks because of its technological advancements. Investing in EV-related shares is perceived to support sustainable investing and align with their lifestyle preferences. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;The EV sector&#8217;s rapid growth and promising prospects continue to capture the attention of investors seeking opportunities in this dynamic industry,\u201d said Kazumasa Mise, CEO of Rakuten Trade in a recent press release.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"EV-sector-stocks-surges-up-to-41\"><\/span>EV sector stocks surges up to 41%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Looking at Bursa Malaysia stock exchange, EV sector stocks such as EP Manufacturing Bhd (KLSE: EPMB) have experienced surges in the number of Rakuten Trade traders (up to 41%). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This surge came after the announcement that EPMB had managed to secure an EV manufacturing license from the Ministry of International Trade and Industry (MITI).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other EV-related stocks have also seen increased growth and activity.\u00a0 Stocks like ACO Group Bhd (KLSE: ACO), Pestech International Bhd (KLSE: PESTECH), and Yinson Holdings Bhd (KLSE: YINSON) also continue to grow by more than 100% on average monthly. These companies are contributing towards accelerating the development and adoption of EV infrastructure that is sorely needed in Malaysia.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"EV-related-stocks-remain-popular-in-US-and-HK\"><\/span>EV-related stocks remain popular in US and HK<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the United States, EV-related stocks such as Tesla (TSLA), Rivian Automotive (RIVN) remain popular choices among Rakuten Trade clients. I<\/span><span style=\"font-weight: 400;\">n the Hong Kong market, there is also continued interest in EV players such as BYD (BYDDF), Nio (NIO), and Li Auto (LI).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThis is indicative of their higher risk appetite. Conversely, beginner US traders who invest in EV stocks, adopt a buy-and-hold strategy, displaying their confidence in the long-term potential of EV companies,\u201d Mise added, noting that investors who trade Bursa EV traditionally adopt a short-term investment strategy.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stand-a-chance-to-win-a-Tesla-by-using-Rakuten-Trade\"><\/span>Stand a chance to win a Tesla by using Rakuten Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As we enter the final quarter of 2023, Rakuten Trade will continue to dedicate itself towards boosting retail participation in the equity market. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">To facilitate this goal, Rakuten Trade launched a &#8220;<\/span><a href=\"https:\/\/www.rakutentrade.my\/b\/campaigns\/trade-smart-win-a-tesla-model-y\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><span style=\"font-weight: 400;\">Trade Smart &amp; Win A Tesla<\/span><\/a><span style=\"font-weight: 400;\">&#8221; campaign that awards one client the keys to a Tesla Model Y vehicle.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This campaign is designed to acknowledge and reward traders for their active involvement in the market. The more trades a Rakuten Trade client successfully matches, the higher their opportunity to win.<\/span><\/p>\n<p><strong>Read More: <a href=\"https:\/\/www.imoney.my\/articles\/should-you-invest-in-ev-shares\" target=\"_blank\" rel=\"noopener\">Should You Invest In EV Shares In Malaysia?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The more you trade, the higher the chance to win a Tesla Model Y.<\/p>\n","protected":false},"author":58,"featured_media":59913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[237,1,216,236],"tags":[1021,1762,208,1306,772,660,1763,982,467,1800,468,1120],"class_list":["post-59911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos","category-investment","category-news-updates","category-sponsored","tag-auto","tag-campaign","tag-featured","tag-invest","tag-investing","tag-investment","tag-lucky-draw","tag-news","tag-rakuten-trade","tag-sponsored","tag-stocks","tag-tesla"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stand A Chance To Win A Tesla EV While Trading With Rakuten<\/title>\n<meta name=\"description\" content=\"Interest in EV stocks have surged recently. 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