NIO faces a GIC lawsuit over accounting practices. Let's weigh the stock's growth drivers and challenges to assess if it's a ...
Hundreds of Chinese electric car brands are now competing with Western brands in China, while a dozen models are already ...
The legal action, filed in a New York court, targets Nio, its CEO William Li, and the company's former chief financial officer. GIC contends that the electric vehicle maker artificially inflated both ...
Two Singapore-listed firms face US sanctions over alleged links to Cambodia crypto scams and illicit Iranian oil trade, ...
NIO is embroiled in a class action lawsuit in the US, with plaintiffs claiming that the company overstated its revenues and ...
Sovereign wealth fund GIC has filed a lawsuit in the US against China-based electric vehicle maker Nio and its executives, ...
According to NIO, the legal pursuit stems from false allegations made by short-selling firm Grizzly Research against the EV ...
GIC filed a complaint with the New York Southern District Court in late August, accusing Nio, along with its CEO Li Bin and ...
GIC claims Nio improperly recognized more than $600 million in revenue through Weineng, calling the firm superficially independent but effectively under Nio's control. The complai ...
Asian equities had a strong day before TSMC’s post-close financial results, as US-China tensions eased on Treasury Secretary ...
NIO ( NYSE: NIO) is on watch on Thursday after Singapore sovereign wealth fund GIC filed a major lawsuit against the Chinese ...