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$NIO Inc (NIO.US)$ Among 3 China EVs stock(XPeng,Li Auto and...

$NIO Inc(NIO.US)$ Among 3 China EVs stock(XPeng,Li Auto and NIO),this NIO is the most rubbish stock type.No matter what they do,the stock always go to downtrend.Don't know how this kind of stock able join to the US IPO?
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