Chinese EV maker Nio raises a lot more than $700 million in cash injection from Abu Dhabi

Chinese EV maker Nio raises a lot more than 0 million in cash injection from Abu Dhabi

Key Points

Chinese electric powered car or truck enterprise Nio declared Tuesday it been given $738.5 million in new funds from a fund owned by the Abu Dhabi government.
The offer was priced at $8.72 a share, a release claimed. That’s 6.7% down below wherever Nio’s U.S.-stated shares shut Tuesday.
In the last many months, Center East traders have progressively seemed for chances in China, especially in electrical automobiles.

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Finance

Stocks making the biggest moves after hours: United Airlines, Sarepta Therapeutics and more

July 16, 2025

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Finance

Stocks making the biggest moves midday: Morgan Stanley, ASML, Johnson & Johnson, SolarEdge and more

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Finance

Jensen Huang woos Beijing as Nvidia finds a way back into China

July 16, 2025

Key Points Nvidia CEO Jensen Huang’s Beijing trip this week coincided with news that the company expects the U.S. will let it resume sales of an AI chip to China. Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions from reporters. Here’s what […]