U.S. stock market anomaly | NIO.US rises more than 4% Li Bin: It is expected that the company will usher in a turning point in business in the second quarter.

According to the eToro Finance APP, on Tuesday, NIO.US rose more than 4%, reaching $3.75. In terms of news, NIO CEO Li Bin revealed during the latest financial report conference that the company's new brand, Ladao, is about to launch two new SUV models, further expanding its product lineup. It is reported that the Ladao L90, positioned as a three-row spacious SUV, is planned to be launched in the third quarter, while the Ladao L80, focusing on a large five-seat layout, will be launched in the fourth quarter. Li Bin emphasized that these two models will focus on the home use market and are expected to become benchmark products in their segment. In addition, Li Bin predicts that NIO will reach a turning point in the second quarter of this year and is expected to achieve overall profitability in the fourth quarter.