NIO’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens.
The electric-car manufacturer’s Singapore-listed shares NIO, +2.90% gained 4.1% to US $24.77 while its Hong Kong stock 9866, +2.65% rose 4.3% to 196.60 Hong Kong dollars (US$25.05), both new highs.
How do analysts say:
The moves come amid expectations that global EV demand is set to rise, with...