NIO - Nio Stock Is Trading Higher Thursday: What's Going On? | Benzinga
NIO Inc (NYSE: NIO) shares are trading higher Thursday alongside several Chinese names. The strength appears to be due to positive policy commentary from China's central bank.
What To Know: The People's Bank of China (PBOC) held a quarterly meeting this week and determined that it will increase macroeconomic policy adjustments in an effort to support the economy and promote a recovery in prices, according to Reuters.
In a statement following the ...