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CnEVPost Newsletter: Chinese brokerage Pacific Securities initiates coverage on Nio and Xpeng with Buy ratings

CnEVPost Newsletter: Chinese brokerage Pacific Securities initiates coverage on Nio and Xpeng with Buy ratings

Jul 19, 2023
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CnEVPost Newsletter
CnEVPost Newsletter
CnEVPost Newsletter: Chinese brokerage Pacific Securities initiates coverage on Nio and Xpeng with Buy ratings
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Pacific Securities initiates coverage on Nio, expects 160,000 EV deliveries in 2023

Pacific Securities has a buy rating on Nio's Hong Kong-traded shares, with a target price of HK$103.62, implying an upside of 26.14 percent.

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