NIO (NIO) -SW rebounded over 5% to open higher in Hong Kong, having closed down nearly 9% the previous day.

2025-10-17 09:23:28

NIO (NIO) -SW, a Hong Kong-listed company, rebounded to open over 5% higher after closing down nearly 9% the previous day. On October 16th, NIO was sued by GIC, sparking market concern. A representative from NIO stated that the case is not new and is not directed at NIO's recent operations. It stems from false accusations against NIO in a June 2022 short-selling report by Grizzly Research LLC.

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