The Business Times
business-time-50

Hot stock: Nio shares spike ahead of May delivery data

This is in tandem with its recent bullish stock performance in the US and Hong Kong

Michelle Zhu

Michelle Zhu

Published Fri, May 31, 2024 · 01:00 PM
    • Nio’s Q1 financial results, including delivery data for May, is slated for release on Jun 6. 
    • Nio’s Q1 financial results, including delivery data for May, is slated for release on Jun 6.  PHOTO: REUTERS

    DUAL-CLASS shares of Nio on the Singapore Exchange (SGX) rose sharply on Friday (May 31), ahead of the anticipated release of its unaudited first-quarter results.

    This was in tandem with its recent bullish stock performance in the US and Hong Kong.

    The Chinese electric-vehicle maker is primarily listed on the New York Stock Exchange, and has secondary listings in Hong Kong and Singapore.

    NioHot StockElectric vehicles

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    CDL plans to divest S$6 billion of assets and invest S$5 billion over FY2027 to FY2029.

    Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review

    Ang’s San Miguel holds nearly 25% of Luzon’s installed capacity and Lopez’s First Gen accounts for 12%.

    Deal between tycoon friends sparks scrutiny of Philippine power sector

    Tuas Road Viaduct’s phase two will extend the viaduct at its western and eastern ends, and will link Pioneer Road, Tuas South and Tuas Port.

    Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More