|Bid||45.74 x 800|
|Ask||45.75 x 1800|
|Day's Range||42.76 - 46.26|
|52 Week Range||5.92 - 66.99|
|Beta (5Y Monthly)||2.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 09, 2021 - Aug 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||52.89|
Shares of Chinese electric vehicle maker NIO (NYSE: NIO) were moving higher on Friday, after the company's CEO confirmed that its manufacturing partner has begun construction of a second factory near NIO's headquarters in the industrial city of Hefei. As of 1:45 p.m. EDT, NIO's American depositary shares were up about 7% from Thursday's closing price. NIO's founder and CEO, William Li, shared some business updates at an event for NIO owners in China on Thursday, according to multiple reports in Chinese business media.
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(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next th