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Nio's rally suggests investors expect sustained demand for new models, analysts say. The Shanghai-based automaker is set to unveil the final price for its new ES8 SUV on Sept. 20.
Nio’s stock heads for worst day in nearly two years after a large stock offering was priced at a deep discount.
Morgan Stanley Asia Limited, UBS Securities LLC, UBS AG Hong Kong Branch and Deutsche Bank AG, Hong Kong Branch acted as representatives for the underwriters for the Equity Offering.
Tesla refreshed its Model Y just as the electric SUV market is starting to see some sharp new competition from Mercedes, BMW, ...
NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced a proposed offering (the “Equity ...