Nio shares may have turned the corner, but more roadblocks lie ahead

SHARES of Chinese electric vehicle (EV) maker Nio seem to have turned the corner in recent months.

The counter had fallen 45.6 per cent from its debut price of US$16.90 in its secondary listing on the Singapore Exchange in May 2022 to an all-time low of US$9.19 just six months later in November.

However, it has since showed signs of bouncing back.