The Zhitong Finance App learned that at the beginning of the US stock market on August 4, as of 21:44 Beijing time, NIO.US (NIO.US) rose 3.68% to 14.1 US dollars.

According to reports, CICC raised NIO's target price to 15 US dollars. CICC pointed out that NIO completed 3,553 vehicle deliveries in July, an increase of 322% over the previous year, after the second highest monthly delivery record in the company's history in June of this year. CICC believes that at present, the company's new orders have continued to rise, driven by the favorable conditions of ES6, ES8, and EC6, which will be listed in the future. After the increase in production capacity is completed, it is expected that NIO's subsequent sales performance will continue to rise.