Stocks
Chinese index provider CSI to include Tesla, Nio, Xpeng, Li Auto in two new indices
The two indices, which will be officially launched on July 6, are expected to provide exposure to Chinese investors bullish on the smart electric vehicle sector.
Nio to be added to HKEX mechanism for preventing abnormal stock price volatility on June 13
Nio's shares traded in Hong Kong closed up 5.88 percent today, giving it a 48 percent gain since May 13.
China EV trio rises in Hong Kong as new product launches near
As of press time, Nio was up 2.48 percent to a new high so far this month. Li Auto was up 10.62 percent to a new high since early April.
Nio's inclusion in Hang Seng Tech Index expected to bring in $44.3 million in passive inflows, analysts say
Considering Nio's average daily trading volume in Hong Kong for the past month, the inflow of funds from ETFs will last about 10.3 days, according to CICC.
Nio added to Hang Seng Composite Index and Hang Seng Tech Index, effective June 13
Nio rose 9.55 percent by the close of the Hong Kong stock market today, giving it a 34 percent gain since May 13.
Nio makes its debut on Singapore's stock market
"Nio has further strengthened its footing in the global capital markets with Singapore's strategic significance," said William Li, founder, chairman and chief executive officer of Nio.
EV stocks fall in Hong Kong after US market selloff
At press time, Nio was down 5 percent in Hong Kong, ending a four-day winning streak. Xpeng was down 5.24 percent and Li Auto was down 2.39 percent.
Nio extends gains in Hong Kong, while Xpeng and Li Auto fall
Nio has risen for a fourth straight day in Hong Kong, bringing its cumulative gain since May 13 to about 30 percent.
Nio leads EV stock gains in Hong Kong amid overall market rally
This is the third consecutive day of gains for Nio in Hong Kong, with cumulative advances of about 17 percent since last Friday.
EV stocks soar in Hong Kong: Nio up 6%, Xpeng up 8%
China is ramping up its economic stimulus, and the Covid situation in Shanghai is showing a significant improvement.