NIO (09866.HK) has deployed 2,279 Charging Stations in Zhejiang to achieve battery swapping coverage in every county.

NIO-SW (09866.HK)(NIO.US) announced that, apart from the island counties of Daishan and Shengsi, battery swapping has been realized in all counties in Zhejiang Province. Its 443 battery swapping stations cover 88 districts and counties, and 2,279 Charging Stations have been deployed, providing users with a more convenient travel experience.

AASTOCKS17minutes ago

Express News | NIO Autos: NIO Energy has officially achieved battery swapping service across counties in Zhejiang.

Breakings12:09

The recovery of liquidity in the Hong Kong stock market has led to a surge in placements by car manufacturers, with companies like NIO seeking funding to break through.

① Why have NIO, Xiaomi, and BYD all chosen to conduct placements recently? ② What commonalities exist in the allocation direction of the funds raised by the three companies?

cls.cn11:56

Macquarie in 'Big Action': Concern over NIO (09866.HK) further financing needs, rating 'Neutral'.

Macquarie published a research report stating that NIO-SW (09866.HK)(NIO.US) announced a placement of shares, believing that the injection of new capital will help the group overcome financial difficulties in the short term. However, the firm is still concerned about the group's need for further external financing in the future and expects that the group's free cash flow will still be negative this year. The firm set a target price of 36 yuan for the group, with a rating of 'Neutral.' The firm pointed out that for Chinese investors, with BYD (01211.HK), Xiaomi-W (01810.HK), and NIO conducting share placements, the market is concerned whether other Listed in Hong Kong electric vehicle companies will follow suit.

AASTOCKS11:08

The A-shares opened lower, Semiconductors were active in the morning, the Hang Seng index rose, Nio fell over 7% reaching a six-month low, and government bond Futures declined.

Most individual stocks declined rather than increased, with over 3,000 stocks falling. On the market, the Semiconductors and Precious Metals Sectors performed actively. In the Hong Kong stock market, the Hang Seng TECH Index's early gains expanded to 1%, while NIO dropped over 7% in the morning, hitting its lowest level in more than six months.

wallstreetcn09:33

Express News | NIO fell over 6%, and the company successfully raised approximately 4.03 billion Hong Kong dollars through the "lightning" placement method.

Breakings09:33