KM Financial Solutions | UPDATE 3-Nio shares surge after it secures $1 billion investment
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UPDATE 3-Nio shares surge after it secures $1 billion investment

UPDATE 3-Nio shares surge after it secures $1 billion investment

Nio Inc’s shares
jumped more than 14% on Wednesday after it said it had secured a
7 billion yuan ($989 million) investment in Nio China, a new
entity controlled by the Chinese electric vehicle maker.

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