July 14, 2025 09:32 AM GMT NIO Inc. | Asia Pacific Thoughts on share price movement With all the pessimism in the price, we think the stock is like a call option: NIO- H's (9866.HK) share price rose 11% today (vs. HSI + 0.3%) on the back of solid pre- order intake for Onvo L90, which reached 30-35k units per our latest channel checks today. While it remains below Onvo L60's 60k+ pre-sale orders back in 3Q24, the market's volume expectations for L90 appear way lower, especially given L90's higher price tag a ...