NIO-SW (09866.HK) -0.400 (-0.829%) Short selling $222.48M; Ratio 46.433% (NIO.US) 's 2Q25 revenue was approx. RMB19.01 billion, up 9% YoY, with an auto revenue of around RMB16.3 billion, in line with market expectations, according to BOCOMI's research report. Looking ahead to 4Q25, NIO-SW aims for a combined monthly sales target of about 50,000 units for NIO and Onvo, with a gross margin improvement to 17-18%.Related NewsJPM Maintains Overweight on NIO (NIO.US) despite 2Q Results MissBOCOMI believed that a rebound in sales will boost market confidence, benefiting future new car launches and subsequent financing. Based on adjusted revenue forecasts, the broker lifted its target prices for NIO-SW's H-shares/ US stock to $62.7/ US$8, corresponding to a projected 2025 PS ratio of 1.2x, with rating kept at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-05 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)