Zhi Tong Cai Jing·2025-09-19 02:20Core Viewpoint - NIO's stock price increased by over 5%, reaching HKD 59.35, with a trading volume of HKD 226 million, driven by positive developments in product launches and financing efforts [1] Group 1: Product Launches - NIO Day 2025 is scheduled for September 20, where the new ES8 will be officially launched [1] - The L90, a large electric SUV, was launched on July 31 with a starting price of CNY 265,800, and a battery rental option starting at CNY 179,800 [1] - The L90 achieved a record delivery of 10,575 units in its first month, marking the fastest sales for any NIO model [1] - Orders for the L90 exceeded 10,000 on its first day, and the new ES8 has already surpassed L90's order numbers in the same timeframe, indicating strong demand [1] Group 2: Financial Developments - NIO successfully completed a financing round of USD 1.16 billion through a public share issuance [1] - The funds raised will primarily be used for R&D in core technologies for smart electric vehicles, development of new technology platforms and models, expansion of charging and battery swap infrastructure, and optimization of the company's balance sheet [1] - This financing is expected to strengthen NIO's financial position and support its long-term strategic development [1]