Nio’s shares will be quoted here by means of introduction and no new capital is being raised.
Nio is one of the China-based companies that have been “provisionally identified” under a 2020 US law Holding Foreign Companies Accountable Act.
Nio shares quoted in the US last traded at US$16.63, up 14.3% for the day, but down 50.31% year to date.
Nio shares in Hong Kong as at 10.23am was trading at HK$130, versus its HK$160 debut two months ago.