Nio to Invest US$1.9 Billion in China Unit
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,
Why Nio Stock Surged Again Monday and Could Keep Rising
Nio may provide more information on the Onvo brand when it reports its September vehicle delivery results tomorrow morning. Nio has delivered more than 20,000 EVs for four straight months, and investors likely expect that streak to be extended.
Nio Surges on $1.9 Billion Injection 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.
NIO Announces RMB3.3 Billion Investment in NIO China from Strategic Investors
In addition to the NIO Investment Amount, NIO also has the right to invest an additional RMB20 billion to subscribe for additional shares in NIO China by December 31, 2025 based on the same price and terms of the Investment Transaction.
NIO Shares Jump After Unit Secures $1.9 Billion Investment
NIO’s shares in Singapore and Hong Kong surged after a unit of the Chinese electric vehicle maker secured a capital injection.
Chinese EV Maker Nio Surges on $1.9 Billion Investment
Key Takeaways Nio's U.S.-listed shares surged Monday after the company announced a new $1.9 billion investment.3.3 billion Chinese yuan will come from outside investors, with another 10 billion coming from the EV maker's parent company.
NIO Stock Surges. The Chinese EV Maker Gets $2 Billion New Investment.
Chinese electric vehicle maker NIO is getting new investment and its shares surged Monday. EV shares have had a bumpy year as demand cooled for the vehicles and China’s economy struggled to recover from a prolonged property slump.
Nio to Invest US$1.9 Billion in China Unit as EV Expansion Continues
Chinese electric vehicle (EV) manufacturer Nio Inc. is set to inject 13.3 billion yuan (US$1.9 billion) into its China unit through a combination of its own funds and contributions from strategic investors.
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Nio secures $1.9 billion injection from parent, shareholders
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U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15.
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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 ...