Hong Kong Stock Market News | NIO-SW opens nearly 15% higher as flagship ET9 is released and pre-sales begin. CEO indicates that the order volume far exceeds official expectations.
NIO-SW opened nearly 15% higher and as of the time of writing, it has risen by 14.96% to HKD 72.6, with a turnover of HKD 6.8128 million. On the news front, on December 23rd, NIO-SW ET9 made its official debut and started pre-sales at a price of CNY 800,000. Deliveries are expected to begin in the first quarter of 2025. NIO-SW ET9 incorporates four core technologies: self-developed intelligent driving chips, a global 900V high-voltage architecture, the Skywalk chassis system, and flagship-level safety standards. NIO-SW CEO Li Bin stated in an interview that the order volume for NIO-SW ET9 far exceeded official expectations. CICC believes that as the latest masterpiece of the company's technological innovation, ET9 is expected to strengthen NIO's position as a luxury brand in terms of technology. In addition, the new round of CYVN venture capital is expected to boost the company's cash position. Looking ahead to next year, the bank believes that the iteration of intelligent driving, the expansion of battery swapping stations, and the transformation of the sales system will become the three key drivers to boost sales.
Zhitong App learned that NIO-SW (09866) opened nearly 15% higher. As of the time of writing, it has risen by 14.96% to HKD 72.6, with a turnover of HKD 6.8128 million.
In terms of news, on December 23rd, NIO-SW ET9 was officially unveiled and began pre-sales. The pre-sale price is CNY 800,000, and deliveries will begin in the first quarter of 2025. NIO-SW ET9 combines four core technologies: self-developed intelligent driving chip, global 900V high-voltage architecture, Tianxing chassis system, and flagship-level safety standards. NIO-SW CEO Li Bin said in an interview that the order volume for NIO-SW ET9 far exceeded official expectations.
CICC believes that as the latest masterpiece of the company's technological innovation, ET9 is expected to strengthen NIO's technological luxury attributes. In addition, the new round of CYVN venture capital is expected to boost the company's cash reserves. Looking ahead to next year, the bank believes that intelligent driving iteration, denser layout of battery swapping stations, and sales system transformation will become the three key drivers to boost sales.