Chinese EV Maker Nio Pursues Hong Kong, Singapore Secondary Listing

Reuters2022-02-28

SYDNEY, Feb 28 (Reuters) - Chinese electric vehicle $(EV)$ maker Nio Inc will carry out a secondary listing in Hong Kong by way of introduction, according to stock exchange filings on Monday.

The New York-listed firm said it had received preliminary approval from the Hong Kong Stock Exchange to trade its shares in the city.

It has also applied for a secondary listing on the main board of Singapore Exchange and said the application was being reviewed by the bourse.

Nio said the Class A shares are due to start trading on March 10 under the code 9866 once it receives final approval from the stock exchange. Its primary listing will remain in New York, the company said.

Unlike a typical initial public offering $(IPO)$ or secondary listing, companies listing stock by introduction in Hong Kong raise no capital and issue no new shares.

The mechanism was popular among companies in the past looking to build a brand in Hong Kong and the rest of Greater China.

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Comments

爱喝水的小猫猫
2022-03-01
爱喝水的小猫猫
Wow also in Singapore?
SEL
2022-03-01
SEL
Great news! The US government has lesser control of this stock now.....
Kujo
2022-03-01
Kujo
Pls Like n comment (if any)
stardice
2022-02-28
stardice
Please help like and comment.. Thanks
Aoyjai
2022-02-28
Aoyjai
Have political backing from state, how to list in Singapore?
Dennyeo
2022-02-28
Dennyeo
Ok

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The US government has lesser control of this stock now.....","listText":"Great news! The US government has lesser control of this stock now.....","text":"Great news! The US government has lesser control of this stock now.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039589969","repostId":2214130549,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039597232,"gmtCreate":1646075537854,"gmtModify":1676534087627,"author":{"id":"3582939899307000","authorId":"3582939899307000","name":"Kujo","avatar":"https://static.tigerbbs.com/19d525f4518a1bee1bc74e7b3e1db392","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582939899307000","authorIdStr":"3582939899307000"},"htmlText":"Pls Like n comment (if any)","listText":"Pls Like n comment (if any)","text":"Pls Like n comment (if any)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039597232","repostId":2214130549,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039669511,"gmtCreate":1646021422453,"gmtModify":1676534083153,"author":{"id":"3569374298664989","authorId":"3569374298664989","name":"stardice","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569374298664989","authorIdStr":"3569374298664989"},"htmlText":"Please help like and comment.. Thanks&nbsp;","listText":"Please help like and comment.. Thanks&nbsp;","text":"Please help like and comment.. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039669511","repostId":2214130549,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039612300,"gmtCreate":1646017436213,"gmtModify":1676534082712,"author":{"id":"3578371382142637","authorId":"3578371382142637","name":"Aoyjai","avatar":"https://static.tigerbbs.com/9dcf5c34602d2433f3133ca6c6fece6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578371382142637","authorIdStr":"3578371382142637"},"htmlText":"Have political backing from state, how to list in Singapore?","listText":"Have political backing from state, how to list in Singapore?","text":"Have political backing from state, how to list in Singapore?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039612300","repostId":2214130549,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039618663,"gmtCreate":1646017058377,"gmtModify":1676534082688,"author":{"id":"3582021832486442","authorId":"3582021832486442","name":"Dennyeo","avatar":"https://static.tigerbbs.com/25b7d84fd64f134409a4350c85c88965","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582021832486442","authorIdStr":"3582021832486442"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039618663","repostId":2214130549,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":118,"commentSize":26,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2214130549"}