By Jiahui HuangNIO's shares rose sharply in Hong Kong on expectations the Chinese electric-vehicle maker's deliveries would likely hit a record high in May. Shares of the Shanghai-based company rose 10% to 42.10 Hong Kong dollars (US$5.38). The company previously hit a monthly sales record of 20,462 units in July last year. The EV sector is broadly higher in Hong Kong in early trade. Write to Jiahui Huang at jiahui.huang@wsj.com(END) Dow Jones NewswiresMay 30, 2024 23:21 ET (03:21 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal May 31, 2024 03:32 UTC