NIO-SW (09866) saw its shares rise over 3% intraday. At the time of writing, the stock was up 2.75%, trading at HK$56.10 with a turnover of HK$69.05 million.

On November 1, NIO disclosed its October delivery figures, reporting a record 40,397 vehicles delivered—a 92.6% year-over-year increase—marking the first time monthly deliveries surpassed 40,000 units.

Breakdown of deliveries: - NIO brand: 17,143 units, up 24.9% month-over-month. - The new ES8 achieved 10,000 deliveries, setting the fastest record for a pure electric model priced above RMB 400,000 to reach this milestone. - Ledao brand: 17,342 units, hitting a new all-time high. The Ledao L90, launched three months ago, delivered 33,348 units, securing the top spot in pure electric large SUV sales for three consecutive months. - Firefly brand: 5,912 units, also reaching a record high and maintaining its leading position in the RMB 100,000 compact car segment.