On November 12, NIO-SW fell 3.12% in Regular Trading, trading at HK$24.84, with turnover of HK$55.3678 million.

The move aligned with weaker overnight trading in NIO’s ADRs and a broad pullback across Hong Kong-listed auto stocks, which pressured sector risk appetite.

Recent market updates showed NIO’s ADR fell 3.81%, ending a two-day winning streak. At the same time, auto names in Hong Kong were broadly lower, with LI AUTO-W falling 4.07%, XPENG-W falling 3.16%, LEAPMOTOR falling 2.44%, BYD COMPANY falling 2.17%, and GEELY AUTO falling 1.82%.

Company fundamentals offered some support but did not offset the sector decline. NIO previously reported October deliveries of 34,246 vehicles, with January-October deliveries of 334,547, up 38.5% year over year. The company also disclosed continued expansion of its charging and battery swap network.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)