Nio Crashed Over 12% in Hong Kong and Singapore Markets After Raising $1 Billion in Convertible Bond Deal

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Nio Crashed Over 12% in Hong Kong and Singapore Markets After Raising $1 Billion in Convertible Bond Deal

StreetInsider2023-09-20

Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond from which it intends to use the proceeds to pay down debt and strengthen its balance sheet.The company raised $500...

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Guavaxf30
·2023-09-20
I have been warning about Nio and other Chinese EV's for a long time. But such a spectacular fall is also presenting a trading opportunity. Sadly, small time retail speculators follow the market talk and panic sell (or buy). At the same time, the professionals short (Or long) to push prices more than is fair value. And guess what? At the right level, you will see an equally spectacular bounce. But at the end of the day, just try not to get sucked in. High or low. Good luck everyone.
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Andrewinho
·2023-09-20
Run!! 😱😱😱
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NealRiggers
·2023-09-20
Bullish
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But such a spectacular fall is also presenting a trading opportunity. Sadly, small time retail speculators follow the market talk and panic sell (or buy). At the same time, the professionals short (Or long) to push prices more than is fair value. And guess what? At the right level, you will see an equally spectacular bounce. But at the end of the day, just try not to get sucked in. High or low. Good luck everyone.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221775474561112","repostId":2368134466,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":221746419417128,"gmtCreate":1695173961023,"gmtModify":1695173965643,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581563418944392","authorIdStr":"3581563418944392"},"htmlText":"Run!! 😱😱😱","listText":"Run!! 😱😱😱","text":"Run!! 😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221746419417128","repostId":2368134466,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":221745887113312,"gmtCreate":1695173848495,"gmtModify":1695174223212,"author":{"id":"4152496098951332","authorId":"4152496098951332","name":"NealRiggers","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4152496098951332","authorIdStr":"4152496098951332"},"htmlText":"Bullish&nbsp;","listText":"Bullish&nbsp;","text":"Bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221745887113312","repostId":2368134466,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":14,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}