On February 7, USA time, according to the documents submitted by Temasek Holdings and NIO autos to the Securities and Exchange Commission (SEC), as of January 24, 2020, Temasek Holdings reduced its shareholding in NIO autos to 13.909 million shares, with a shareholding percentage of only 1.8%. According to the announcement on February 14, 2019, Temasek held a 5.4% stake in NIO at that time.
In 2019, NIO autos' stock price cumulatively dropped by 36.89%, reaching a low of only 1.19 USD/ADS. As of the close on February 8 this year, NIO autos' stock price was 3.81 USD/ADS, down by about 39% from the 6.26 USD IPO price in 2018.
Editor/gary