Nio: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst

TipRanks2022-05-06

Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a shadow over Chinese stocks for a while now. However, the U.S. Securities and Exchange Commission (...

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Comments

  • KLC
    2022-05-07
    KLC
    Nio 👍
  • KLC
    2022-05-07
    KLC
    Nio 💪
  • robot1234
    2022-05-07
    robot1234
    Nio: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst. The company announced the proposed secondary listing on the main board of the Singapore Exchange. The SGX-ST has provided Nio with conditional eligibility and once the Singapore listing goes ahead, NIO shares will be fully fungible with its ADR (American depositary receipt) shares. Morgan Stanley’s Tim Hsiao thinks this is “likely to alleviate investor concerns.”
  • hotwheels
    2022-05-07
    hotwheels
    NIO's dual-listings in HK and SG should meaningfully hedge any potential US de-listing disruption to operations and funding access
  • siawli
    2022-05-06
    siawli
    Hope
  • siawli
    2022-05-06
    siawli
    Hopefully
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