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Daiwa Capital gives Nio 'Buy' rating and $59 price target
Nio has risen more than 1,000 percent this year, but Daiwa Capital thinks the stock has not yet peaked, giving it a "buy" rating and a $59 price target in a recent report.
Nio founder and Tencent's shareholding both drop to 11% after issuing additional ADSs
Prior to the issuance, William Li, the founder of Nio, held 11.5% of the shares and had 41.3% of the voting rights.
Wuhan Weineng, Nio's battery asset management joint venture, receives capital increase
Four months after its establishment, Wuhan Weineng, Nio's battery asset management joint venture has received its first capital increase.
Deutsche Bank reiterates 'Buy' rating on Nio with $50 price target
After the announcement of an additional ADS offering, Nio shares have been trading lower for the past two days in a row. But in Deutsche Bank's view, this is not something to fear.
Chinese display giant BOE shows off its innovations at Nio
BOE did not specify whether all of these technologies are used in Nio's cockpit but mentioned that it and Nio have continued to work together in recent years to create an interactive, warm, and user-friendly intelligent cockpit.
Nio shares fall 6% pre-market after pricing additional ADS offering at $39
Shares of Chinese EV maker Nio fell 6 percent to $39.46 in pre-market trading after pricing its additional ADS offering at a discount of about 7 percent to Friday's close.
Nio signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021
They will strive to achieve at least 100 million kWh of clean electricity for new energy vehicle users in 2021, and promote the low carbonization of the whole life cycle of new energy vehicles.
On the way to catch up with Tesla, where did Nio, Li Auto and Xpeng spend their money?
The amount of money they are spending on capital expenditures speaks for itself and is a sign of confidence and ambition.
This is why Nio chose to issue additional ADSs
Nio said it will make the choice that is best for the company's long-term growth based on changes in the market in order to safeguard its long-term competitive advantage.
Nio is closer to entering overseas markets
Zhang Hui, general manager of Nio Germany, recently met with a Chinese diplomat in the European country and introduced Nio's overseas development plans.