Nio Inc (NIO)

[Oh The Wise Guy]

What could one expect : in the country breaks out a deadly epidemic - covid-19 that claimed over 2000 lives so far. The very dencetly populated cities with multi million people are quarantined, travel disrupted, schools and factory shut down in the effort to stop the spread of the deadly virus. And in the midst of this ordeal you expect economy to continue to grow and car sales to increase??? Are you NUT? Of course economy will take it's toll, car sales will come to a null. But, is that the end of Chinese economy? Population will never going to buy cars in China anymore because February sales went down 90%? Silly, isn't it? A temporary slowdown, a small hiccup, that's all. It means when covid 19 is over the economy will shift into a high gear and quickly recover that which was lost. Now, whether covid-19 was a natural occurring or artificial is another question.