NIO‘s Earnings up! Will it Finally break out?
$NIO Inc.(NIO)$NIO’s positive earnings report came as no surprise with deliveries finally making it’s way to customers. This stock has been trending sideways recently as the market is uncertain mainly due to the Chinese government’s checks and balances on its companies.
However I feel there is nothing to fear for NIO holders as the company is on the right path and everything is done according to rules and regulations. In fact, I feel that the government being strict on it’s own companies it will weed out companies that are fundamentally not as sound or are looking to make a fast killing by listing it.
NIO on the other hand is expanding with the support of the nation and it’s people. All in all, NIO looks set for a run up on its share price as fundamentally the company is sound and it is growing!
I would love to hear opinions on NIO from the Chinese themselves. Please do share your thoughts and views on this. It is much appreciated.
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汽车工业是全球最大的工业,没有之一,汽车工业承载了最多的就业人口,比如世界排名第三第四的日本和德国基本上靠汽车工业支撑着他们的国力,中国的目标是在新能源汽车的赛道上弯道超车,击败日本车企,让日本成为三流国家。所以,新能源汽车对中国非常重要,全国上下都无比重视。这就是一个中国人的思考。[微笑] [微笑] [微笑] [微笑]