NIO listing on SGX NIO is today creating history by being the very first company in the world to be listed on 3 stock exchanges, namely US, HK and SG. The SG listing will happen on 20^th May 2022, which will allow Singapore investors an easier avenue to partake in this fast-growing EV play. The company will have an expected market cap of c.SGD38.6bn, making it one of the largest market cap stock listed on SGX. Since early 2020, people have been hyping up NIO and it seemed almost certain that the stock would reach its price targets of $80 and above. We’ve seen the stock price run from $2 to over $60. Renowned institutions like JP Morgan and Morgan Stanley all had price forecasts from $75/share and upwards at one point. The company had also reported impressive quarterly results with each earnings report. Yet, the painful truth is that the stock price of NIO has...