So I finally found the reason for yesterday's rise in Nio $NIO In a bid to revive its lagging economy, the National Development and Reform Commission (NDRC), the government agency responsible for economic development in China, has said it is keen to bring in private capital to help in the development of major projects across the country, including EV and infrastructure development.
Overall there was a decent rally on Nio this year, did anyone manage to buy in at around $7? Oh and besides, almost another +2% in the premarket today, hopefully it will hold up 🤝.