It isn’t easy investing in Chinese stocks. So far this year, Nio (NYSE:NIO) is down by about 25%, driven by a tough Chinese economy reeling from harsh regulatory policies, deflation and a property crisis. On top of that, the Chinese electric vehicle (EV) company remains unprofitable, reporting a GAAP earnings per share (EPS) loss of 37 cents while burning through cash. NIO stock isn’t alone. The Hang Seng Index is trading near a yearly low with a five-year loss of more than 40%.While President Xi Jinping ha ...

Nio (NIO 4.60%) stock was making big gains in Tuesday morning trading, up 8.2% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence.According to a report from Reuters, China's large government-owned banks are making moves to support the country's currency. The news helped power broad-based gains for Chinese stocks, and the electric vehicle (EV) company is benefiting from the bullish momentum. Selling dollars, buying yuanChina's economy has performed unevenly as that country has emerged ...

Shares of Nio (NIO 5.53%) shot more than 15% higher to start the trading day today. There wasn't any specific announcement from the Chinese electric vehicle (EV) company, but there was good reason for the excitement nonetheless.Nio's American depositary shares didn't hold all of that gain, but were still higher by 5.9% at noon ET on Tuesday.A brighter market environmentNio stock has had a rough start to 2023. Today's jump is one of the only positive market days for it this year; the stock is still lower by ...

NIO Inc. (NIO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -29%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Automotive - Foreign industry, which NIO Inc. falls in, has gained 3.1%. The key question now is: What could be the stock's future direction?Although medi ...

Nio (NIO -1.32%) has taken investors on a wild ride since its public debut. The Chinese electric vehicle (EV) maker went public at $6.28 per American depositary share (ADS) on Sept. 12, 2018, and its shares rallied to an all-time high of $62.84 on Feb. 9, 2021. At its peak, Nio's enterprise value reached $91.4 billion, or 16 times the sales it would generate in 2021.But as of this writing, Nio trades at about $6 per share with an enterprise value of $12.1 billion -- which is just over 1 times the sales it's ...

The electric vehicle (EV) sector has faced a challenging beginning in 2024, with stocks experiencing a notable sell-off partly influenced by the broader market trend. As the performance of stocks throughout 2024 remains uncertain, investors are searching for the next promising EV equities poised for growth.In this regard, Finbold utilized OpenAI’s generative artificial intelligence (AI) tool, ChatGPT, to provide insights into two EV stocks likely to skyrocket in 2024. The tool identified the following two s ...

In dynamic stock investments, pursuing the next big opportunity often leads investors to seek promising ventures with the potential for substantial growth. Among the plethora of options, three stocks under $15 are emerging as strong contenders, projected to triple in value by 2026.The first one, the electric vehicle (EV) giant, suggests strategic dominance in China. The company solidifies its market presence and surpasses competitors. With its unique value proposition, the second one reports robust financia ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Nio (NIO -4.48%) stock tumbled this week, plunging to a 52-week low of $5.86 per share as of this writing. By noon Friday, the electric vehicle (EV) stock had dropped 18% in the week, according to data provided by S&P Global Market Intelligence.Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data fr ...

Shares of Nio Inc. on Wednesday dove to its lowest prices seen in nearly four years, as investors in the China-based electric-vehicle maker continued to express concerns over price cuts by Tesla Inc. and a weakening economy.The fresh lows for Nio’s stock NIO, -2.75% NIO, -9.63% came after Tesla reportedly cut prices on two models in China, as the Texas-based EV giant faces increasing competition. Tesla followed that move by reportedly cutting prices in Germany.Read more: Tesla is getting beat by China’s BYD ...