NIO's Trading Volume Surges 130.94% to HK$620 Million, Ranks 123rd Despite Stock Price Decline

On March 27, 2025, NIO's trading volume reached HK$620 million, marking a 130.94% increase from the previous day and ranking 123rd in the day's stock market activity. However, NIO's stock price fell by 5.69%, marking the second consecutive day of decline, with a total decrease of 9.34% over the past two days.

NIO Inc. has announced the pricing of its upsized HK$4,030.13 million offering, which includes 136,800,000 class A ordinary shares at HK$29.46 per share. The offering is part of an equity placement aimed at raising funds for research and development in smart electric vehicle technologies and new products, as well as strengthening the company's balance sheet and general corporate purposes. The placement shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933.

NIO plans to use the net proceeds from this equity placement to further invest in research and development, enhance its balance sheet, and support general corporate purposes. The company expects to close the equity placement on or about April 7, 2025, subject to the satisfaction of customary closing conditions. Morgan Stanley Asia Limited, UBS AG Hong Kong Branch, China International Capital Corporation Hong Kong Securities Limited, and Deutsche Bank AG, Hong Kong Branch have been appointed as the placing agents for this offering.