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Nio Considers Listing In Mainland China In Addition To Hong Kong: Report
What Happened: Nio’s peer XPeng Inc., whose shares debuted last week on the Hong Kong stock exchange in a dual primary listing, is also considering a listing in China's A-share market in the future, as per the report.Xpeng CEO He Xiaopeng said in March that he bought shares in Nio during the latter’s toughest time in 2019 in order to avoid the failure of homebred Chinese EV companies.Why It Matters: It was reported in March that the U.S. listed-Chinese EV trio of Xpeng, Nio and Li Auto Inc.LI ha
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