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Nio

Stocks to watch: UOB, Nio, Sanli

The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB: The bank announced on Tuesday that it has priced £750 million (S$1.3…

Nio plans US$1 billion share sale to fund EV growth

The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio plans to raise about US$1 billion through a share…

Nio surges 12% after unveiling new ES8 SUV model

Prices of the Chinese EV maker’s latest flagship vehicle start from 308,800 yuan with a battery subscription plan Shares of electric vehicle (EV) manufacturer Nio rose by more than 9 per…