US-listed Chinese companies have three years to comply with US accounting oversight, to comply with the rules of accounting and transparency that American public companies must follow, if not they will get delisted.
When i wrote my first article about NIO it was undervalued at 6.98usd and my target was around 18usd. i sold it between 12 to 14. I reentered at 20, but just for the hype. Now i started to become more confident in my first target. :)
Most likely it will test the 30usd support.
I`m looking forward to read your opinion about NIO.