Throughout the development history of NIO, it was registered in Shanghai in 2014 and listed in three places in May 2022. As a Chinese concept stock, the operating entity of NIO is far from the listed market and investors have information bias. NIO have been shorted twice. This paper selects the short-selling incident of NIO. Firstly, it introduces the general situation of NIO, sorts out its short-selling process, analyzes and discusses the impact of short-selling incidents on all parties involved based on the perspective of short-selling conduction chain. It is believed that the anti-short selling of Chinese concept stocks can be realized through the dual listing of listed companies, upgrading the auditing methods of accounting firms, improving the professionalism of investors themselves and giving full play to the role of government supervision in information disclosure.

Zhang Xuan, Ding Rui. The Anti-short Selling of Chinese Concept Stock Companies—Research on Conduction Chain Based on NIO Encountering Short Selling. Academic Journal of Business & Management (2023) Vol. 5, Issue 17: 121-126. https://doi.org/10.25236/AJBM.2023.051719.

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