Take a Deep Breath: The Recent Correction in NIO Shares Is Largely Unwarranted as the EV Giant Is Quite Insulated From the Ongoing Chinese Tech Crackdown
NIO (NYSE:NIO), one of the largest manufacturers of electric vehicles in the world, has spent most of July in an equity market quagmire of sorts amid the souring sentiment around Chinese companies due to the ongoing tech sector crackdown. However, given…
