Industry dynamics

NIO starts to trade shares in Hong Kong

Publishtime:1970-01-01 08:00:00 Views:29

Shanghai (ZXZC)- China’s electric vehicle startup NIO announced today that it has successfully listed its Class A ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”), by way of introduction.

NIO starts to trade shares in Hong Kong

Photo credit: NIO

The shares are traded under the stock code “9866” in board lots of 10 shares and the short name is “NIO-SW”. NIO said its American depositary shares remain primarily listed and traded on the New York Stock Exchange.

"Thanks to the trust of our users, the commitment of our colleagues, and the support of our investors and partners, NIO has successfully listed on the SEHK,” said William Bin Li, founder, chairman and chief executive officer of NIO. " While the automotive industry is going through rapid transformation, we will continue to make innovations in technologies, bring superior products and experiences to our users, and create long-term value for our investors.”

NIO starts to trade shares in Hong Kong

Photo credit: NIO

On the last day of February, NIO announced the proposed secondary listing on the main board of the SEHK, becoming the third Chinese electric vehicle startup listed in Hong Kong. What’s more, it has also applied for secondary listing on the Main Board of Singapore Exchange Securities Trading Limited, also by way of introduction.