NIO, Inc. (NYSE:NIO) shares along with other US listed Chinese stocks are trading lower Wednesday amid a possible selloff following Tuesday's strength after China's Central Bank announced a new stimulus package.

The Details: The stimulus package provides for a cut to the reserve requirement ratio by 0.5 percentage points, drops the loan prime rate and deposit rates by 0.2 to 0.25 percentage points and lowers the seven-day reverse repurchase rate to 1.5%.

In addition, the central bank's package cuts the minimum down-payment ratio to 15% for second time home buyers. The bank announced this plan as a way to combat the slowdown in China's markets.

Senior Economist at Natixis Gary Ng told The Guardian, "The move probably comes a bit too late, but it is better late than never. China needs a lower-rate environment to boost confidence."

Other stocks moving lower on Wednesday amid a possible selloff include, Alibaba Group Holding Ltd. (NYSE:BABA), Li Auto Inc. (NASDAQ:LI), PDD Holdings Inc. (NASDAQ:PDD) and Xpeng Inc. (NYSE:XPEV).

How To Buy NIO Shares

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in NIO (NYSE:NIO)'s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

NIO Price Action: At the time of writing, NIO stock is trading 5.39% lower at $5.62, according to data from Benzinga Pro.

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