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Benzinga
Benzinga
World
Bhavik Nair

Nio Surges 18% On Upbeat Analyst Coverage: Hong Kong Stocks Mixed As Xi-Putin Meeting, US Inflation Data In Focus

NIO United States Hong Kong Inflation Nasdaq Xi Jinping Hang Seng

Shares of electric-vehicle maker Nio surged 18% in Hong Kong on Tuesday morning, following positive analyst coverage, even as domestic stocks opened on a mixed note. 

The benchmark Hang Seng was up 0.03% in morning trade. Shares of Alibaba rose over 1.7%, while Meituan, Li Auto and JD.com shares lost over 1%.

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