The Latest Breaking News from NIO

Someone with a lot of money to spend has taken a bullish 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.

Shares of U.S.-listed Chinese tech companies traded higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index into positive territory after a four-day slump.  

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

The electric vehicle (EV) industry is expected to remain under pressure due to increasing supply chain disruptions, rising production costs, and interest rate hikes amid an escalating conflict between Russia and Ukraine. Thus, we think overvalued electric vehicle stocks Lucid Group (LCID), NIO Inc (NIO), XPeng (XPEV), and Fisker (FSR)…

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.

China’s BYD Co (OTC: BYDDF) sold more than double electric vehicles than the combined delivery volumes of homegrown startups such as Nio Inc (NYSE: NIO), Xpeng Inc (NYSE:

Nio, Inc. (NYSE: NIO) recently announced approval for a secondary listing in Hong Kong without issuing any shares.

A whale with a lot of money to spend has taken a noticeably bearish stance on NIO. Looking at options history for NIO (NYSE:NIO) we detected 13 strange trades.

NIO reports 6,131 electric car sales in February, which is only 9.9% more than a year ago and noticeably less than in several previous months.