Nio Stock Eyes Best Day Since 2022 After Cash Infusion

U.S.-listed shares of China-based companies are in the midst of a renaissance as China undergoes a series of extensive and aggressive stimulus measures. The good news keeps coming for Nio Inc - ADR (NYSE:NIO) in particular, after the electric vehicle company's parent company and state-backed investors announced a $2 billion cash infusion.  At last check, Nio stock was up 15.6$7.54, on track for its best single-session pop since November 2022. NIO is trading at its highest level since early Jan ...