Stock Track | NIO Inc. Plummets 6.27% on Tuesday Intraday as China ADRs Nosedive

Stock Track

Dec 10, 2024

NIO Inc.'s stock plummeted 6.27% on Tuesday during the intraday trading session, underperforming the broader selloff in U.S.-listed Chinese stocks.

The electric vehicle maker's stock decline was primarily driven by a broader selloff in Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese equities. Investors were booking profits following a robust rally in the prior session, fueled by expectations of looser monetary policy in China next year to support economic growth. While China signaled an "appropriately loose" monetary policy shift for 2025, investors awaited further details on potential stimulus measures.

Adding to the negative sentiment, China's latest trade data highlighted the economic challenges facing the country. Imports unexpectedly fell 3.9% in November, the worst drop in 14 months, while exports rose at a slower pace of 6.7%, signaling weakening demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1179493239"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1179493239\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1179493239?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-10 22:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1179493239","market":"us","top_or_hot":-1,"title":"Stock Track | NIO Inc. Plummets 6.27% on Tuesday Intraday as China ADRs Nosedive","media":"Stock Track","content":"<p>NIO Inc.'s stock plummeted 6.27% on Tuesday during the intraday trading session, underperforming the broader selloff in U.S.-listed Chinese stocks.</p>\n\n<p>The electric vehicle maker's stock decline was primarily driven by a broader selloff in Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese equities. Investors were booking profits following a robust rally in the prior session, fueled by expectations of looser monetary policy in China next year to support economic growth. While China signaled an \"appropriately loose\" monetary policy shift for 2025, investors awaited further details on potential stimulus measures.</p>\n\n<p>Adding to the negative sentiment, China's latest trade data highlighted the economic challenges facing the country. Imports unexpectedly fell 3.9% in November, the worst drop in 14 months, while exports rose at a slower pace of 6.7%, signaling weakening demand.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | NIO Inc. Plummets 6.27% on Tuesday Intraday as China ADRs Nosedive</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | NIO Inc. Plummets 6.27% on Tuesday Intraday as China ADRs Nosedive\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-12-10 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NIO Inc.'s stock plummeted 6.27% on Tuesday during the intraday trading session, underperforming the broader selloff in U.S.-listed Chinese stocks.</p>\n\n<p>The electric vehicle maker's stock decline was primarily driven by a broader selloff in Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese equities. Investors were booking profits following a robust rally in the prior session, fueled by expectations of looser monetary policy in China next year to support economic growth. While China signaled an \"appropriately loose\" monetary policy shift for 2025, investors awaited further details on potential stimulus measures.</p>\n\n<p>Adding to the negative sentiment, China's latest trade data highlighted the economic challenges facing the country. Imports unexpectedly fell 3.9% in November, the worst drop in 14 months, while exports rose at a slower pace of 6.7%, signaling weakening demand.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"","article_id":"1179493239","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1179493239","pubTimestamp":1733842270,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NIO Inc.'s stock plummeted 6.27% on Tuesday during the intraday trading session, underperforming the broader selloff in U.S.-listed Chinese stocks.The electric vehicle maker's stock decline was primarily driven by a broader selloff in Chinese American Depositary Receipts  and exchange-traded funds  tracking Chinese equities. Investors were booking profits following a robust rally in the prior session, fueled by expectations of looser monetary policy in China next year to support economic growth.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"蔚来周二盘中暴跌6.27%因ADR暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":1},"content_text":"NIO Inc.'s stock plummeted 6.27% on Tuesday during the intraday trading session, underperforming the broader selloff in U.S.-listed Chinese stocks.\nThe electric vehicle maker's stock decline was primarily driven by a broader selloff in Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese equities. Investors were booking profits following a robust rally in the prior session, fueled by expectations of looser monetary policy in China next year to support economic growth. While China signaled an \"appropriately loose\" monetary policy shift for 2025, investors awaited further details on potential stimulus measures.\nAdding to the negative sentiment, China's latest trade data highlighted the economic challenges facing the country. Imports unexpectedly fell 3.9% in November, the worst drop in 14 months, while exports rose at a slower pace of 6.7%, signaling weakening demand.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}