UPDATE 1-In Tesla’s shadow, China’s NIO prices IPO at low end of target -source
11 Sep UPDATE 1-In Tesla’s shadow, China’s NIO prices IPO at low end of target -source
Posted at 00:25h
in
News
by KMFSLLP
Chinese electric
vehicle start-up NIO Inc priced at the bottom of its
targeted price range in its U.S. initial public offering on
Tuesday, a person familiar with the matter said, dragged down by
investor concerns about the prospects of chief competitor Tesla
Inc.
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