Lates News

During the morning trading session on September 17th, NIO's Hong Kong stocks surged, closing at 56.30 Hong Kong dollars per share, up 10.28%. NIO's U.S. stocks rose 8.17% to $7.02 per share last night, hitting a new high for the year. On the evening of September 10th, NIO Group announced the completion of a $1 billion equity issuance financing for American Depositary Receipts (ADRs), with an offering price of $5.57 per share for the ADRs and $43.36 Hong Kong dollars per share for Class A common stock. After the financing news was disclosed, NIO's stock price has risen for 4 consecutive days. With the sharp increase in stock price, these investors have gained substantial unrealized gains in the short term, with an unrealized gain of nearly 12.94 Hong Kong dollars per share and a return rate of 29.84%. NIO had also conducted a rights issue financing in March of this year, with a subscription price of 29.46 Hong Kong dollars per share. If calculated based on the current stock price of 56.3 Hong Kong dollars per share, the unrealized gains of these investors would be 26.84 Hong Kong dollars per share, with a return rate of 91.11%. (Yicai)