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Congrats to shortsellers for their superb winnings.
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They may not be able make the money to spend at some point in near future when economy is not good.
The shares are so diluted until the value is already in penny status.
How can the value of shares move up without shares buyback.
Who will invest in a company that provides zero returns.
Must remember they're selling assets to off-load.
I'm hoping to offload this trash by year end.
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As of June 30, 2026, Nio Inc. reported a strong total cash position of RMB 56.7 billion (approximately US$ 8.4 billion). This represents a significant increase from the RMB 48.2 billion (US$ 7.0 billion) reported in the previous quarter ending March 31, 2026.
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Stay safe. Cheap can be cheaper
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Tomorrow another bloodbath for SG and HK if today is bloody.
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