Singapore GIC
-
Nio responds to GIC lawsuit, says it's based on false allegations from 3 years ago
"This matter is not a newly occurring incident, nor is it directed at Nio's recent operational performance," Nio said in a response shared with CnEVPost.
-
Nio extends losses to 12% in Hong Kong amid concerns over GIC lawsuit
As of press time, Nio had fallen 12.21 percent to HK$47.54 per share, poised for its biggest single-day drop since April 7.
-
Singapore sovereign wealth fund GIC sues Nio over losses from 3 years ago
The catalyst for GIC's lawsuit against Nio was a short-selling report released in June 2022, which has since been refuted.
