GIGADEVICE (03986.HK) -30.500 (-4.219%) Short selling $28.83M; Ratio 1.577% and NIO-SW (09866.HK) -0.680 (-1.545%) Short selling $57.82M; Ratio 17.016% officially signed a strategic cooperation agreement. Both parties will establish a long-term and in-depth partnership, focusing on collaborative innovation across the entire automotive chip value chain to support the iterative upgrades of NIO-SW's intelligent electric vehicles.Under the agreement, both sides will leverage their respective expertise in chip design and vehicle manufacturing to jointly advance the co-development of automotive-grade chips and next-generation electronic and electrical architectures.Related News M Stanley Raises Micron Technology, Inc. (MU.US) TP to USD1,050, Lifts Sandisk Corporation (SNDK.US) TP to USD1,750; Memory Supply Tightness Seen Lasting at Least 23 YearsThis strategic cooperation not only represents a two-way integration of technology and business between two industry leaders, but also marks a key step toward deeper upstream and downstream collaboration to build a robust industry ecosystem. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)
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