#Stocks
The initial conversion rate of the 2026 notes is 10.7458 ADSs per US$1,000 principal amount, which is equivalent to an initial conversion price of approximately
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On Monday, NIO hit a new all-time high of $66.99 at the beginning of the session, and the stock rose 6.42% to $62.7 by the close of trading.
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Chinese EV maker NIO plans to offer $1.3 billion in convertible notes which include $650 million in notes due 2026 and $650 million due 2027, the company said d
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He said that the movement of NIO's share price is beyond the company's control while admitting that there is still a gap between NIO and BMW.
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NIO's ADR is now trading up 12.95 percent in Frankfurt, Germany, after the company unveiled its first sedan, the ET7, over the weekend.
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CICC believes that the new products and services announced at the event exceeded market expectations and will also have a positive impact on the company's opera
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BofA said Li Auto's sales are expected to grow at a CAGR of 48 percent from 2020-2025, driven by rising EV penetration, strong market demand, and rapid expansio
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CICC says Li Auto sales expected to reach 80,000 units by 2021, as its products reach more customers
CICC maintains its price target on Li Auto at $40, which represents a 39% upside to the current stock price.
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CICC maintained its Outperform rating on NIO and raised its price target by 15% to $60, corresponding to a 23% upside.
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Short sellers are active in the US stock market, for example, Tesla has been plagued by short sellers for a long time and NIO has been shorted as well. How shou
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