Nio will begin trading on the main board of SGX this Friday.
I must say that this is indeed one of the more “high-profile” listings as most of the recent listings on SGX haven’t exactly been that exciting in nature. Backing Nio in this listing would be Credit Suisse and Goldman Sachs both of which are most certainly not new to the game.
Overall, Nio’s listing on SGX is good for the exchange however I’m not completely sold on the fact that it’s best for Nio itself or even for myself as an investor. To put it bluntly, there is no “perfect” solution for this as each exchange does have its own pain points.
In this article, I’ll be covering the pros and cons for each exchange as well as which exchange I’m personally most comfortable with holding Nio shares in.
What is Nio?
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China....