The Latest Breaking News from NIO

Hong Kong stocks opened lower on Wednesday, with the benchmark Hang Seng Index down 1.43%, as investors braced for the release of the U.S. Federal Reserve's Beige Book (a commentary on economic conditions) due later today and the European Central Bank's policy decision on Thursday.

The Nasdaq extended its losing streak Tuesday, with the Apple iPhone 14 on tap. Enphase Energy leads 5 relative winners.

Someone with a lot of money to spend has taken a bearish stance on NIO (NYSE:NIO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The China EV startup gave weak Q3 revenue guidance but sees record deliveries in Q4 amid new models.

Electric vehicle stocks fell across the board in the week ended September 2 amid macroeconomic concerns that rocked the market. The August jobs report, the U.S. government’s move to restrict chip exports to China, and the shutting down of the Nord Stream 1 offshore pipeline that supplies oil from Russia…

The stock market suffered significant weekly losses again, but bounced off lows, helped by Friday's jobs report. Nvidia, BYD were big losers as Pinduoduo soared.

Hong Kong stocks opened mixed on Friday ahead of the release of the U.S. jobs report that would give more cues on the course and aggression of the U.S. rate hike later this month. The Hang Seng index lost 0.5% in opening trade. Shares of XPeng lose over 3% in the morning session.

NIO reports that its overall electric vehicle delivers in August increased by 82% year-over-year to 10,677, which is also a slight improvement over July.

The yield on the benchmark 10-year Treasury surged to 3.27% — an increase of 14 basis points.

Futures fell as China export restrictions on Nvidia, AMD hit chip stocks. China EV sales were mixed.

Nio, Xpeng and Li Auto report August China EV sales Thursday, with BYD soon after. BYD stock is diving as Warren Buffett disclosed a small share sale.