Going public in Singapore is an important step for NIO to deepen its international layout.
This article is about IPOs that I have known originals for a long time
Author | Stone Jin
According to early information from the IPO, NIO was officially listed on the main board of the Singapore Stock Exchange under the stock code “NIO” on May 20, 2022. As of 11:30, NIO was trading at $18.26 per share on the SGX, up 9.60% from the issue price.
This means,NIO officially became the world's first automobile company listed in three regions, and the first Chinese company listed in the US, Hong Kong, and Singapore. On September 12, 2018 and March 10 of this year, NIO has successively listed on the New York Stock Exchange and the Hong Kong Stock Exchange.
More specifically, NIO's successful listing in three listings also shows the global capital market's recognition of NIO's long-term competitiveness to a certain extent. Since its establishment in 2014, NIO has always attached importance to scientific and technological innovation, insisted on positive independent research and high efficient investment, and has a certain technological leadership in full-stack self-developed technology for autonomous driving, power batteries, etc.
Up to now, NIO has delivered four high-performance smart electric models, namely the smart electric flagship SUV ES8, the smart electric all-purpose SUV ES6, the smart electric coupe SUV EC6, and the smart electric flagship sedan ET7 with autonomous driving capabilities.
According to NIO's plan, NIO will successively deliver three new models based on the NT2.0 technology platform in 2022. Among them, smart electric...