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Benzinga
Benzinga
World
Rachit Vats

Nio Shares Jump 20% In Singapore Debut: What You Should Know

NIO Singapore NYSE Nio Inc Artificial Intelligence William Li

U.S.-listed Chinese electric carmaker Nio Inc (NYSE: NIO) on Friday made its debut on the Singapore stock exchange, with shares jumping 20% in early trading, as it laid out plans to open a local research center focused on artificial intelligence and self-driving cars.

What Happened: Shanghai-based Nio said it has successfully listed its Class A shares on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).

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