{"id":6959,"date":"2025-09-10T21:25:58","date_gmt":"2025-09-10T21:25:58","guid":{"rendered":"https:\/\/jobuzo.com\/en\/chinese-ev-maker-nio-eyes-us1-1-billion-in-proceeds-from-share-placement\/"},"modified":"2025-09-10T21:25:58","modified_gmt":"2025-09-10T21:25:58","slug":"chinese-ev-maker-nio-eyes-us1-1-billion-in-proceeds-from-share-placement","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/chinese-ev-maker-nio-eyes-us1-1-billion-in-proceeds-from-share-placement\/","title":{"rendered":"Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2025\/09\/10\/8c944ee5-c62a-4b42-b9ec-530ad297c1df_82705d3e.jpg?itok=xEcMfTL3&amp;v=1757510413\" class=\"ff-og-image-inserted\"><\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-y2bwcc e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated between its American depositary shares (ADS) and its ordinary stock.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Nio is listed in the US, Hong Kong and Singapore. Investors can subscribe to the ADS, to be traded on the New York Stock Exchange, or to ordinary shares in Hong Kong and Singapore.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The share placement was expected to net slightly more than US$1 billion based on a price of US$5.57 per ADS, Nio said. Ordinary stock in Hong Kong and Singapore was offered at HK$43.36 (US$5.57) a share. That represented a 11.3 per cent discount to Nio&rsquo;s closing price of US$6.28 in New York on Tuesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Morgan Stanley, UBS and Deutsche Bank were among the offering&rsquo;s underwriters, it added. They will have a 30-day option to purchase up to an additional 27.3 million ADS, it added.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-gy323d e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Last week, Nio said its second-quarter loss &shy;narrowed 26 per cent from the quarter before to 4.99 billion yuan (US$700.7 million). From a year earlier, its loss narrowed 1 per cent.<\/p>\n<\/div>\n<p><sub>Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advertisement In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated between its American depositary shares (ADS) and its ordinary stock. Nio is listed in the US, Hong Kong and Singapore. Investors can subscribe to the ADS, to be traded on the New York Stock&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/chinese-ev-maker-nio-eyes-us1-1-billion-in-proceeds-from-share-placement\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":6960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=6959"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/6960"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=6959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=6959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=6959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}