Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list of other Chinese electric vehicle Read more
Tag: NIO
NIO responds to Grizzly short seller report by retaining forensic accounting firm
NIO Inc. said Monday that it has formed a committee to look into recent allegations that the China-based electric vehicle maker is using an affiliate battery maker to boost financial Read more
Tesla, other EV stocks rally after China signals support for its auto industry
Shares of Tesla Inc. and Nio Inc. led the way Thursday among auto makers and related stocks after China unveiled plans to support its auto industry, including signaling it may Read more
Here’s how far house prices are set to fall as rates go up, says Capital Economics
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There Read more
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There Read more
Nio stock rocked, even as short-seller report is said to contain ‘numerous errors’
Shares of NIO Inc. were hit hard by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit Read more
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