[Rewards] NIO Q1 margins contracted sharply, and new launches are around the corner
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KEY Figures:
● Q1 total revenues were US$1,554.6 million, representing an increase of 7.7% YoY (year-on-year) and a decrease of 33.5% from the fourth quarter of 2022. The decrease in vehicle sales was mainly due to a lower average selling price as a result of the higher proportion o...

The China stock market has finished higher in five straight sessions, accelerating almost 200 points or 6.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,260-point plateau and it's expected to add to its winnings on Wednesday.
The global forecast for the Asian markets is positive, extending mostly solid momentum with support from the technology stocks. The European and U.S. markets were up and the Asian bourses ...

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