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Nio Inc. April Deliveries Double, Push Shares Up 20%

By: Investor Brand Network

Nio Inc. (NYSE: NIO), a pioneer in the premium small-electric-car market, recently saw its shares jump by 20%. A significant increase in vehicle deliveries in April was the catalyst, with shares listed on the Hong Kong market reaching 44.20 Hong Kong dollars. This represents a 23% rise and is its highest level in more than six weeks.

The increase also bolstered the Hang Seng index, which rose 2% by…

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