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The IPO comes as Chinese-U.S. trade tensions involving tit-for-tat tariffs rattle global financial markets.

The IPO comes as China-U.S. trade tensions involving tit-for-tat tariffs have knocked back global stock markets.

The person did not believe the acquisition was connected to current trade tensions between China and the United States involving tit-for-tat tariffs.

It was the latest salvo in the trade conflict that has involved tit-for-tat tariffs on imports involving the world's two largest economies.

It is also joining several sizable Chinese listings in New York this year even as Sino-U.S. trade tensions involving tit-for-tat tariffs rattle global markets.

NIO is also joining several sizable Chinese listings in New York this year, even as Sino-U.S. trade tensions involving tit-for-tat tariffs rattle global stock markets.