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$NIO Inc (NIO.US)$ on May 20 made its debut on the Singapore...
$NIO Inc (NIO.US)$ on May 20 made its debut on the Singapore stock exchange
Nio shares opened at S$16.90 in Singapore and jumped 20% in early trading.
“We believe by listing in three exchanges in Hong Kong, Singapore and the United States that we are offering investors more options.”
Nio is the first such automaker to list on stock exchanges in the U.S., Hong Kong, and Singapore at the same time.
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rational Duck_7524 : I think nio Singapore price is still too high.
Not sure when Nio car in Singapore soon..
102896759 : Go on sale today
Bright zhou : It won't stop falling soon.
rational Duck_7524 : find strange why the ipo start price is so high for a start?
rational Duck_7524 : higher than successful banks here..
doctorpot1 rational Duck_7524 : because 1 SG nio = 1 US nio shares. so when they start the price should match up with US price. if not can earn big money already. e.g. sg open at $5, then you buy them then go US side sell at $16. earn 11 immediately.