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$NIO (Nio Inc.-ADR) news recap: ➜ The Chinese yuan has reached its strongest level against the U.S. dollar in three years. ➜ Bank of America acquired 7,079,903 NIO shares during Q2. ➜ Assenagon Asset Management initiated a new position in NIO, acquiring 3.76 million shares worth approximately $ 19 million. ➜ BlackRock reduced its NIO position by 12% in Q2, ending two consecutive quarters of accumulation. ➜ NIO ranked No. 1 in Landroads' H1 2026 NEV After-Sales Study for the third consecutive edition, maintaining its lead in overall customer service satisfaction. ➜ China's inflation remained subdued at 0.5% year on year in July, below expectations, while U.S. inflation continues to trend higher. ➜ Oaknut Robotics has completed its angel financing round, co-led by China Merchants Venture Capital and NIO Capital.
Not investment advice. The author may have financial interests in the mentioned instruments.
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