---
title: "In the early trading session on Thursday, Nio's stock price rose by 0.2%, following accusations from"
description: "In the early trading session on Thursday, Nio's stock price rose by 0.2%, following accusations from Singapore's sovereign wealth fund GIC that the company inflated its revenue. The lawsuit alleges th"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261473257.md"
published_at: "2025-10-16T14:36:10.000Z"
---

# In the early trading session on Thursday, Nio's stock price rose by 0.2%, following accusations from

> In the early trading session on Thursday, Nio's stock price rose by 0.2%, following accusations from Singapore's sovereign wealth fund GIC that the company inflated its revenue. The lawsuit alleges that Nio improperly recognized over $600 million in battery leasing revenue, significantly impacting the company's stock value. Nio responded by stating that the lawsuit is based on false allegations and lacks factual basis

In early trading on Thursday, Nio's stock price rose by 0.2%, following allegations from Singapore's sovereign wealth fund GIC that the company inflated its revenue. The lawsuit accuses Nio of improperly recognizing over $600 million in battery leasing revenue, significantly impacting the company's stock value. Nio responded that the lawsuit is based on false allegations with no factual basis

### Related Stocks

- [NIO.US - NIO](https://longbridge.com/en/quote/NIO.US.md)
- [NIO.SG - NIO Inc. USD OV](https://longbridge.com/en/quote/NIO.SG.md)
- [09866.HK - NIO-SW](https://longbridge.com/en/quote/09866.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.