NIO to be added to The Hang Seng Tech Index as a Constituent Stock

Written by Cláudio Afonso | | LinkedIn | Twitter

NIO announced on Monday that it will be included in the Hang Seng TECH Index as a constituent stock, effective June 13, 2022, according to the announcement made by the Hang Seng Indexes Company Limited on Friday.

The Hang Seng TECH Index was launched in July 2020 and represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index’s screening criteria. In addition, the Company will also be included in the Hang Seng Composite Index as a constituent stock, effective June 13, 2022.

Earlier today, the company announced that it will report its first quarter 2022 financial results on June 9, before the open of the U.S. markets followed by the earnings conference call schedule to start at 8:00 EST. A live and archived webcast of the conference call will be available at and NIO invite anyone who wants to participate to register here.

The electric vehicle maker started being traded on the Singapore Stock Exchange on Friday, an event live streamed by the NIO on its social platforms. CEO William Bin Li unveiled that the company aims to establish a research and development center for artificial intelligence (AI) and autonomous driving (AD) in Singapore. In addition, NIO plans to research institutions to further broaden and enhance its global R&D capabilities while details on the expansion to the country in terms of sales were not mentioned.

Last week, NIO posted its first job vacancy located in France, the 8th European Market for the Chinese electric vehicle manufacturer. “For starting our power business operations in France, we are looking for a NIO Power Network Development Lead,” NIO said on the job description. After Hungary and Austria, France is now officially on NIO‘s plan to early 2023.

Written by Cláudio Afonso | | LinkedIn | Twitter