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NIO Said to Spin Off Chip Research Biz, Introduce Strategic Investors
NIO-SW (09866.HK)(NIO.US) recently integrated and spun off its chip business to establish a separate entity named Anhui Shence Technology (literal translation of "安...
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NIO Said to Spin Off Chip Research Biz, Introduce Strategic Investors
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NIO-SW (09866.HK)  +0.350 (+1.304%)    Short selling $41.46M; Ratio 37.567%   (NIO.US)      recently integrated and spun off its chip business to establish a separate entity named Anhui Shence Technology (literal translation of "安徽神璣技術"), which already completed business registration, Chinese media reported, quoting people familiar with the matter.

NIO plans to introduce strategic investors to Anhui Shence Technology by selling a small stake, report added. However, other reports cited related person of NIO suggesting that this is merely speculation.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsG Sachs Upgrades XPENG-W to Buy w/ TP $94; NIO-SW Upgraded to Neutral

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