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Nio prices IPO at low end of range

Sep. 11, 2018 8:16 PM ETNIO Inc. (NIO) StockTCTZF, TCEHY, NIOBy: Clark Schultz, SA News Editor18 Comments
  • Chinese EV upstart Nio (NYSE:NIO) priced its IPO at $6.25 per share, according to Reuters.
  • The company originally set its IPO pricing range at $6.25 to $8.25.
  • The Nio launch is of interest to Tencent (OTCPK:TCEHY, OTCPK:TCTZF) as an early investor in the premium electric vehicle maker.
  • Previously: Details on NIO's IPO plans (Aug. 28)

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