Movement Alert｜NIO-SW Rises 4.28% in Regular Trading, Earnings Preview Shows Nearly 70% Revenue Growth Expected for Q2

Market Focus08-26 09:37

On August 26, NIO-SW rose 4.28% in regular trading, trading at 35.52 HKD/share, with turnover of 21.06 million HKD.

On the news front, market institutions released an earnings preview indicating that NIO's upcoming Q2 financial report, scheduled for September 1, shows consensus revenue expectations of approximately 33.4 billion RMB, representing a year-over-year increase of 69.60%. Adjusted earnings per share are expected at approximately 0.02 RMB, a year-over-year improvement of 100.84%, suggesting the company may achieve its first adjusted profit turnaround. Additionally, positive fundamentals including cumulative deliveries of 140,000 units for the ES8 and July sales surpassing BBA in 42 cities across 8 provinces provided further support.

Within the Automobile Manufacturers sector, XPENG-W up 5.77%, LI AUTO-W up 1.89%, BYD COMPANY down 0.16%, LEAPMOTOR down 0.2%, GEELY AUTO down 2.05%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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