Nio in diversification drive as it tries to stem its flood of red ink 蔚來止血的策略：往下打
With more losses piling up in this year’s first quarter, the high-end EV maker is betting on two new brands targeting the middle and lower parts of the market 蔚來首季度虧損持續，市場寄望剛發佈的品牌「樂道」可在下半年獲得銷售佳績
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.