HK Stock Market Move | NIO-SW (09866) rose more than 5% during trading hours. Li Bin reiterated that the profit target for the fourth quarter must be achieved.

NIO-SW(09866) rose more than 5% during the trading day, and as of the time of drafting, it had risen by 4.77% to 52.75 Hong Kong dollars, with a trading volume of 159 million Hong Kong dollars. On the news front, according to exclusive information from "21 AutoOne Auto", on the afternoon of October 17, NIO held an internal meeting. At the meeting, NIO founder, chairman, and CEO Li Bin shared his personal vision for the fourth quarter of 2025. Li Bin once again stated at the meeting that the profit target for the fourth quarter must be achieved. Li Bin broke down this goal into three specific actions: focus on marketing key vehicle models, ensure the supply chain and reduce costs, and deliver high-quality software versions on time. In September of this year, NIO delivered a record 34,749 new vehicles, a 64% year-on-year increase. Among them, NIO brand delivered 13,728 new vehicles; Level brand delivered 15,246 new vehicles; and Firefly brand delivered 5,775 new vehicles. Open Source Securities previously stated that the L90 and ES8 models are expected to drive a reversal in sales momentum in the second half of 2025, with the possibility of a sales turning point in the fourth quarter of 2025.