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Nio Seeks Singapore Listing as US Ban Looms – TechCrunch

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing


Nio budget brand plan
Nio's eponymous brand competes in the premium car segment with rivals such as BMW, Audi and Mercedes-Benz in China and Europe.

 

Chinese electric vehicle maker Nio plans to list its shares in Singapore, TechCrunch reported, as geopolitical tensions between China and the US heighten the risks of its New York listing.

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday that it is seeking a secondary listing. The company completed a secondary listing in Hong Kong earlier this year.

 

Read the full report: TechCrunch.

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.