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$NIO Inc (NIO.US)$ [Share Link: topspeed.com/ri...] Rivian j...
Rivian jumped by almost $3 to $16+, because of "good" deliveries numbers in Q4. But the numbers pale in comparison to Nio and Xpeng.
Is it a lack of awareness of US investors on undervalued EV stocks like Nio that caused them to bank on US EV companies instead of Nio..?🤔
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74216494 : US investors obviously like to buy American stocks. Question then, why don't the Chinese buy Chinese stock ? Wait a minute, Chinese investors buy Chinese stock, i.e. XIAOMI or ZEEKR. Or also XPEV. Then the question is, is why should US-investors buy NIO, when not even Chinese do ?
Dragon Fish : Pump and Dump?
GoldDragon OP : Actually not sure how accessible is Nio shares to the Chinese as it's not listed in Shanghai Stock Exchange. Can they buy from HKEX?
Dragon Fish GoldDragon OP : NIO Inc. is included in the Southbound Stock Connect program, which allows mainland Chinese investors to trade eligible Hong Kong-listed stocks. NIO's Hong Kong-listed shares trade under the ticker 9866.
Inclusion in the Southbound Stock Connect enables mainland investors to invest directly in NIO's shares through the Hong Kong Stock Exchange, enhancing the company's access to a broader investor base and increasing liquidity for its stock.
74216494 Dragon Fish : Thank you for this detailed explanation. Then again the question, why should US investors buy NIO shares, when not even Chinese do this ? May be, they recognized NIO as a corp, just to drain the money from the American investors, with no serious intention to make a profit ?
70552586 74216494 : I think you might be right that US invest see NIO for what it is, a vehicle to drain money from US investors into a company that will never make a profit or sell cars in the US.