Shares of Chinese electric carmaker NIO surged 30% in pre-market trade on Tuesday after it said it was in talks for funding and new factories with a city in China.The funding could raise more than 10 billion yuan for the company.
U.S.-listed NIO said it was in discussions with the government of Hefei. The city is a hub for automakers and the capital of Anhui province, which borders the province of Hubei where the new coronavirus reportedly began.
is anyone not from Chian know NIO?
If you believe that there's also cheese on the moon
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