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Analysts predict this year’s Prime Day will be the biggest in Amazon’s history, with revenue of about .5 billion expected. Amazon says Prime members saved more than .4 billion in discounts this Prime Day and the most popular item purchased globally was the Echo Dot.

And despite fierce competition in the toy industry, 58 million Barbies are sold each year in more than 150 countries.

Andrew Leung Kwan-yuen, president of the Hong Kong Legislative Council, said he respected the chief executive's decision, adding that he hopes the Policy Address can be delivered at LegCo as soon as possible.

Analysts said the surge shows investors are optimistic about the company's potential, although Nio still faces many challenges in the cutthroat new energy vehicle market, especially after its IPO last month.

An online fundraising scandal in December raised the public's suspicion about the credibility of charity programs in the Internet Plus era.