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$NIO Inc (NIO.US)$ Nio announced that it has closed the USD7...
Nio announced that it has closed the USD738.5 m strategic equity investment from CYVN Investments RSC Ltd, an affiliate of CYVN Holdings.
The CYVN entities also acquired certain class A ordinary shares of Nio from an affiliate of Tencent for total consideration of USD350 m.
It owns a total of about 7.0% of Nio's total outstanding shares.
Going forward, Nio and the CYVN entities will work together to strategically collaborate on international business and technology cooperation.
Nio announces closing of investment from Abu Dhabi fund
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $AEM SGD (AWX.SG)$ $RH PetroGas (T13.SG)$ $Dyna-Mac(Delisted) (NO4.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $AEM SGD (AWX.SG)$ $RH PetroGas (T13.SG)$ $Dyna-Mac(Delisted) (NO4.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$
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Silverbat : Added more positions. Its solid state battery tech outpaces Tesla’ s 4680
bullrider_21 OP Silverbat : Better battery and funds from Abu Dhabi. Chart looks bullish too.
Ursery : Real nice