Zhi Tong Cai Jing·2025-08-21 06:52Core Viewpoint - NIO-SW (09866) shares rose over 5%, currently up 5.06% at HKD 41.1, with a trading volume of HKD 362 million [1] Group 1: Product Launch and Market Response - NIO will hold a technology launch event for the new ES8 product on August 21 at 19:30 [1] - The new brand, Ladao, launched the L90 model with a starting price of RMB 265,800 (RMB 179,800 under the BaaS scheme), receiving positive market feedback [1] - According to Shenwan Hongyuan, the sales growth of Ladao and Firefly models is expected to significantly improve NIO's overall profitability model due to economies of scale [1] Group 2: Global Expansion Plans - On August 18, NIO announced plans to enter Singapore, Uzbekistan, and Costa Rica markets between 2025 and 2026, further expanding its global presence [1] - NIO will initially launch representative models from its three brands: NIO, Ladao, and Firefly in the aforementioned markets [1]