NEV-Maker Nio to List in Singapore
What’s new: Nio Inc. announced Thursday it has been given the green light to list by introduction in Singapore, making it the latest U.S.-traded Chinese company to look for other venues for its stock as the threat of being booted from American exchanges persists.
The electric-vehicle maker will issue an introductory document later this month. The Singapore-listed shares will be fully fungible with Nio’s American depository shares listed on the New York Stock Exchange.
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