NIO-SW (09866) climbed over 6% during afternoon trading. As of press time, the stock was up 5.43% to HK$53.35, with trading volume reaching HK$437 million. On the news front, NIO Inc. is scheduled to release its second-quarter earnings on September 2nd. Notably, NIO Inc.'s all-new ES8 model has been attracting significant attention recently. The new ES8 is set to launch for delivery in late September. Earlier, the L90 model from NIO Inc.'s new brand LEDA received positive market response with its competitive starting price of RMB 265,800 (or RMB 179,800 under the BaaS plan). JPMorgan analysts believe both vehicles feature highly competitive pricing, as NIO Inc.'s unique BaaS option can effectively reduce purchase prices by approximately 25-30%, making them more attractive compared to similar models in the same market segments.