Electric vehicles. One company, up to three tickers across different markets. Here are all of them, and how a foreign investor can actually own it.
| A-share (mainland) | H-share (Hong Kong) | US ADR (New York) |
|---|---|---|
| — not listed | 9866.HK HKEX | NIO NYSE / NASDAQ |
You can reach NIO two ways from outside China: the US-listed ADR NIO through any normal US brokerage, or the Hong Kong H-share 9866.HK through an international broker with HK access. Because it is dual-listed, an ADR holder has a clear landing spot in Hong Kong if the US line were ever delisted.
ADR delisting risk: NIO's US line NIO is rated Medium in our model (the dominant mitigant is its Hong Kong listing status). See the ADR Risk Checker for the full breakdown.
Secondary HK listing alongside the US ADR. Conversion to HK is possible.
It depends on the market: 9866.HK / NIO. NIO trades across multiple markets as listed above.
You can reach NIO two ways from outside China: the US-listed ADR NIO through any normal US brokerage, or the Hong Kong H-share 9866.HK through an international broker with HK access. Because it is dual-listed, an ADR holder has a clear landing spot in Hong Kong if the US line were ever delisted.
Yes — it trades on US exchanges as NIO, buyable through any US brokerage (mind HFCAA/VIE risk).