Hot stock: Nio climbs about 19.8% on stronger vehicle delivery performance
Add BT as a preferred source
SHARES of Nio surged on Thursday (May 2) morning, after the electric vehicle maker posted a 134.6 per cent year-on-year spike in vehicle deliveries for the month of April.
As at 10.59 am, the Chinese automaker rose 19.8 per cent or US$0.93 to US$5.63 after 207.3 million of its shares were transacted. The last time the counter traded at this level was in mid-March.
In a business update on Wednesday, the company said it recorded the delivery of 15,620 vehicles in April.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny
