The Chinese market is one best left alone taking it on will only cause stress and headache for most investors. You can never guarantee what a dictatorial regime will do, could end up being another Soviet Union and collapse in on itself along with ‘your’ NIO stock
I expect he’s either under house arrest with very heavy surveillance or under arrest, arrest.
Debatable whether Xi Jinping holds absolute power over the system, despite his best efforts. However it is irrefutable that China is under the cosh of an authoritarian system of governance that relies upon control, opacity and fear to manage its development and ‘interests’, with little recourse for any businesses or individuals felt to be on the wrong side of the party line.
What is fascinating are the increasingly draconian steps the country is taking to both internal and external critics over the last 18-24 months. Opportunism to exploit the global leadership void created by Trump’s rejection of a rules based world, or a genuine concern that internally, the legitimacy of the system may be being threatened?