The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
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

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    More than 95% of Seatrium's net order book comprises "series-build" projects.

    Seatrium eyes S$28 billion in project opportunities amid global race for energy security

    China has launched the biggest shake-up of its cross-border tax system in decades, threatening three popular brokers with at least US$330 million of penalties.

    China targets offshore billions in biggest crackdown in decades

    Terence Wong, founder and CEO of Azure Capital (left), with Trek 2000 executive chairman and group president Wayne Tan.

    Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital

    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