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Nio to Invest US$1.9 Billion in China Unit
Nio’s stock soars again after investment deal that could grow to $4.8 billion
Nio’s U.S.-listed stock shot up toward another double-digit gain on Monday, after a disclosure of a new big investment and a continued surge in China’s stock market fueled the rally.
Nio China Unit to Get $1.9 Billion from Parent, Investors
Nio Holding Co., a China-based subsidiary of electric vehicle maker Nio Inc., will receive 13.3 billion yuan ($1.9 billion) of investment from the parent and a group of strategic investors.
Hot stock: Nio rises 17.4% on news of strategic investment in China unit
SHARES of Nio shot up by as much as 21.9 per cent on Monday (Sep 30), following news that strategic investors will invest around 3.3 billion yuan (S$602.6 million) into its China unit Nio Holding Co,
3h
NIO Rallies 90%; But Is It The Best China Proxy?
While NIO's price has nearly doubled, its growth may be plateauing. See more about NIO stock and why other Chinese stocks may ...
Electrek
2h
NIO (NIO) stock climbs after securing huge $470 million cash injection
China’s NIO (NIO) just received a $470 million cash investment as it prepares for its next growth stage. With the new funding and the launch of its low-cost Onvo brand, NIO is laying the groundwork to ...
Automotive News
7h
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan ...
SchaeffersResearch.com
5h
Nio Stock Eyes Best Day Since 2022 After Cash Infusion
China-based electric vehicle (EV) stock Nio (NIO) is roaring higher after a cash injection from its parent company ...
TechNode
10h
NIO gets $471 million in Chinese state-backed funds
"As this little tree grows into a big tree, and eventually into a forest, Hefei and Anhui continue to nurture and cultivate ...
1d
Tesla's Chinese Rival Nio Snags $1.9B Investment From Parent, Strategic Investors As It Forays Into Mass Market
Nio, which operates in a capital-intensive industry, is to receive a much-needed cash boost, which could come in handy amid ...
24/7 Wall St. on MSN
2h
NIO (NIO) Stock Price Prediction and Forecast 2025-2030
NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China).
6d
on MSN
Nio’s stock gets a big boost from China’s broad economic stimulus measures
Nio’s stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China’s ...
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