U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore

U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore


Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker’s third listing location, following its IPO in New York and a secondary listing in Hong Kong.

Costfoto | Future Publishing | Getty Images

Chinese electric carmaker Nio said Friday that it’s planning a secondary share listing in Singapore.

Nio, which is listed on the New York Stock Exchange, also carried out a secondary listing in Hong Kong in March. Singapore would be the third exchange that Nio’s shares are trading on.

The move comes as Nio and dozens of other U.S.-listed Chinese companies were added to a U.S. Securities and Exchange Commission list of firms facing a possible desilting from American exchanges.

Former President Donald Trump passed a law in 2020 that required U.S.-listed foreign companies to comply with higher auditing standards. Those that failed to follow the rules could be delisted.

To mitigate the delisting risk, major Chinese companies listed in the U.S. — such as Alibaba, JD.com and others — have carried out secondary listings, mainly in Hong Kong.

But Nio’s move to list on a third venue, particularly Singapore, is a unique move — one that’s not been followed by many other Chinese firms yet.

Nio’s rivals Xpeng and Li Auto have both carried out secondary listings in Hong Kong.



Source

Palo Alto Networks debuts automated AI agents to fight cyberattacks
Technology

Palo Alto Networks debuts automated AI agents to fight cyberattacks

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks on Tuesday launched new artificial intelligence agents that allow customers to automate certain cybersecurity actions. The new agents, known as Cortex AgentiX, can […]

Read More
We’re buying more of our newest stock that is unfairly getting hit on earnings
Technology

We’re buying more of our newest stock that is unfairly getting hit on earnings

Shortly after the opening bell, we will be buying 220 shares of Corning at roughly $83. Following the trade, Jim Cramer’s Charitable Trust will own 440 shares of GLW, increasing its weighting to about 1% from 0.5%. Corning shares are down more than 7% in premarket trading after the specialty glass maker reported its third-quarter […]

Read More
Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk
Technology

Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk

Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Amazon’s cull […]

Read More