On June 18, NIO-SW rose 3.28% in regular trading, trading at 41.36 HKD/share, with turnover of 12.41 million HKD. The stock outperformed peers in the Automobile Manufacturers sector, where BYD Company gained 0.73%, while XPeng fell 1.22%, Li Auto fell 1.11%, and Geely Auto declined 0.47%.
On the news front, NIO Chairman and CEO Li Bin stated at the China Auto Chongqing Forum that NIO expects to achieve 40% to 50% growth this year, noting the company has entered a third phase of high-quality development. Data showed NIO delivered 150,000 vehicles from January to May across its three brands — NIO, ONVO, and Firefly — representing a 68.7% year-over-year increase. Li Bin attributed the momentum to the accelerating penetration of pure electric vehicles across all segments, aligning with the company's earlier judgment on the pure-EV inflection point.
Additionally, NIO achieved its first single-quarter profit in Q4 last year with an adjusted operating profit of 1.25 billion RMB, and sustained profitability into Q1 this year, reinforcing confidence in the growth trajectory.
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