zoomzi
10-23

$NIO Inc.(NIO)$ SELL SIDE is DEAD - Turnover in short positions fell to 9.7% of the market’s total Friday, marking the lowest level since April 2021, according to Bloomberg’s calculations based on exchange data. It recovered slightly to 10.7% Monday. The weaker appetite in short selling comes as the benchmark Hang Seng Index has rebounded 20% from a September trough, following a broader Chinese stock rally triggered by Beijing’s stimulus blitz. The initial euphoria has since faded a bit, with investors awaiting stronger support steps such as ramped-up fiscal spending.

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