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NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens

NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO, +3.99% gained 4.1% to US$24.77 while its Hong Kong stock 9866, +2.92% rose 4.3% to 196.60 Hong Kong dollars (US$25.05), both new highs. The two listings are …

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