Nio
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Nio completes share offering, raising $1.16 billion
Nio has completed its latest share offering, with underwriters fully exercising their over-allotment option, raising $1.16 billion.
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Nio has received about 100,000 cancellable orders for ES8, Deutsche Bank says
The upcoming launch of the third-generation ES8 and an improved balance sheet have driven Nio's stock price higher for four consecutive trading days.
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China EV insurance registrations for week ending Sept 14: Nio Inc 6,170, Tesla 15,350, Xiaomi 9,790
The Nio main brand recorded 2,425 insurance registrations last week, Onvo 2,620, and Firefly 1,125.
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Nio starts shipping all-new ES8 to stores in preparation for rapid delivery
Nio has begun shipping its third-generation ES8 to stores across China as part of preparations for rapid delivery of the SUV, with its official launch set for this Saturday.
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Nio starts letting buyers configure new ES8 as launch comes in 1 week
Allowing customers to lock in configurations in advance will help reduce hesitation when the all-new ES8 officially opens for orders on September 20.
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Nio shares resume trading in Singapore after brief halt due to $1 billion share offering
As of this writing, Nio shares are down 5.31 percent in Singapore and down 6.85 percent in Hong Kong.
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Nio prices $1 billion share offering at $5.57 per ADS, 11% discount to previous close
The pricing represents an 11 percent discount to Nio ADS's closing price of $6.28 on the previous trading day.
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Nio to issue new shares to raise about $1 billion
Nio will raise about $1 billion through the offering to fund R&D and strengthen its balance sheet.
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Nio shares halt trading in Singapore pending announcement
The suspension notice for Nio shares in Singapore was issued during trading hours at the request of Nio CFO Stanley Qu.
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Nio starts accepting test drives for new ES8 in China as launch comes in 10 days
Starting Wednesday, test drives for the all-new ES8 are available at over 500 stores across 152 cities in China.
