On March 10, NIO successfully listed on the Main Board of the Hong Kong Stock Exchange by way of introduction. This follows its listing on the US New York Stock Exchange in September 2018, raising a total of approximately USD 1 billion.
Morgan Stanley, Credit Suisse and CICC acted as joint sponsors of the offering.
Skadden, Arps, Slate, Meagher & Flom, Han Kun Law Offices and Maples and Calder provided legal services to the issuer in respect of Hong Kong and US law, PRC law and Cayman Islands law respectively.
Simpson Thacher & Bartlett LLP and Commerce & Finance Law Offices provided legal services to the joint sponsors in respect of Hong Kong and US law and PRC law respectively.
Pricewaterhouse Coopers acted as reporting accountants and independent auditors for the offering.
Established in Shanghai in 2014, NIO is a leading electric vehicle manufacturer in China.