Are things finally turning around for Nio (NYSE:NIO)? The Chinese electric vehicle (EV) producer has spent the past six months on a primarily downward trajectory. There’s no question that 2024 hasn’t been a good year for NIO stock so far. However, over the past month, NIO has started picking up momentum and today shares are rising by 8%.This surge probably isn’t due to company-specific news, as Nio hasn’t reported anything today. Rather, investors can chalk it up to the fact that Chinese stock markets are e ...