Nio shares rise in Hong Kong after reporting upbeat Q1 earnings
As of press time, Nio’s shares in Hong Kong rose 2.75% to HK$44.14 per share. Nio achieved non-GAAP profit in the first quarter, primarily driven by strong demand for the high-margin ES8 SUV. (Image credit: CnEVPost) Nio Inc (HKEX: 9866) rose in Hong Kong trading on Friday morning, after the company reported better-than-expected first-quarter earnings…