Tag: stimulus package
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Why Nio Stock Slumped 10% Today
Nio (NYSE: NIO) stock, which was holding up well until yesterday since its jaw-dropping rally in September, reversed course this morning and plunged 10%...
It’s not too late to play the China stimulus rally: Strategist
Chinese stocks jumped after China’s central bank announced a stimulus package last week. Yan Wang, Alpine Macro chief emerging markets & China strategist, joins...
More Good News for Nio Investors
Nio (NYSE: NIO) has been a fun ride for investors over the past month as its stock price shot up over 65%. It's had...
What’s Going On With Chinese Stocks Alibaba, NIO, XPeng, Li Auto On Wednesday?
Alibaba Group Holding (NYSE:BABA) and domestic rival stocks continued their rally since China announced stimulus plans to spur demand. Alibaba peers, including Baidu, Inc....
A Little Good News for Nio Investors
The future of the automotive industry is almost certainly electric vehicles (EVs), even if growth has been slower than once anticipated. An even more...