NIO-SW (9866.HK) saw its shares drop nearly 7% during intraday trading, hitting HK$40.34—the lowest level since August 21. As of the latest update, the stock was down 6.33% at HK$40.58, with trading volume exceeding HK$200 million.

The decline follows NIO's latest delivery report, which showed the company delivered 36,275 vehicles in November, marking a 76.3% year-over-year increase but a 10% month-over-month decline. Cumulative deliveries for the year reached approximately 278,000 units, up 45.6% compared to the same period last year.