$NIO Inc (NIO.US)$When the US market goes down  and the Chin...

$NIO Inc (NIO.US)$When the US market goes down and the China market goes up, NiO goes down because it is listed in the US. When the US market goes up and the China market goes down, NiO goes down because its business is mainly in China. When both markets go up, NiO goes down because it is losing money in the business.