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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
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.

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