• 11/29/2024

NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds

Wall Street Journal

NIO’s Hong Kong shares fell in early Asia trading on Wednesday, following an overnight drop in U.S.-listed depository shares after the Chinese electric-vehicle maker said it would raise $1 billion via an issuance of convertible bonds.

https://www.wsj.com/articles/nios-shares-fall-on-plans-to-raise-1-billion-via-convertible-bonds-4b3f2d10