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

Add BT as a preferred source

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. 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.

Nio Hot Stock Electric vehicles

TRENDING NOW

When BT visited the Japan Home outlet at Eastpoint Mall in Simei on Tuesday, it was conducting stocktaking.

Japan Home closing outlets; staff say Valu$ taking over operations

Dennis Chua, founder and CEO of Timah Partners (centre), with members of his team (from left), Kelvin Ho, Serena Li, Yap Hsien Liang and Christopher Pang.

Timah Partners lands S$60 million facility from lenders including UOB, RHB

The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive.

How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News