Movement Alert｜NIO Rises 3.44% in Regular Trading, May Deliveries Surge 62.3% Year-over-Year to 37705 Units

Market Focus06-02

On June 2, NIO-SW rose 3.44% in regular trading, trading at 47.06 HKD/share, with trading volume of 14.93 million HKD. The stock continued its upward momentum following the release of robust May delivery data.

On June 1, the company announced May deliveries of 37,705 vehicles, representing a 62.3% year-over-year increase and a 28.4% month-over-month gain. By brand, the NIO brand delivered 20,013 units (+50.8% YoY), the Onvo brand delivered 12,029 units (+91.5% YoY, +124.8% MoM), and the Firefly brand delivered 5,663 units (+53.9% YoY). Year-to-date cumulative deliveries reached 150,526 units, up 68.7% year-over-year, with total historical deliveries surpassing 1.148 million units.

Within the Automobile Manufacturers sector, BYD COMPANY up 3.36%, GEELY AUTO down 1.43%, GWMOTOR down 5.73%, XPENG-W down 0.89%, LI AUTO-W down 2.22%.

(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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