Man who created rumor of BYD buying Nio detained

CnEVPost11-28 11:08

The man used AI software to create the fake image and spread it online to boost the popularity of his own self-media account, according to local media. (Nio logo. Image credit: CnEVPost) A man who ...

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Image credit: CnEVPost)\nA man who ...</p>\n\n<a href=\"https://cnevpost.com/2024/11/28/man-created-rumor-byd-buying-nio-detained/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0320764599.SGD","symbol_name":"FTIF - Templeton China A Acc SGD","start_time":0,"source_url":"https://cnevpost.com/2024/11/28/man-created-rumor-byd-buying-nio-detained/","article_id":"2486337445","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486337445","pubTimestamp":1732763314,"sourceInfo":{"source_id":"cnevpost_highlight","name":"CnEVPost"},"weMediaInfo":null,"summary":"The man used AI software to create the fake image and spread it online to boost the popularity of his own self-media account.","collect":0,"end_time":0,"defaultTopTitle":"cnevpost.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","BK4555":"新能源车","BK4509":"腾讯概念","NIO":"蔚来","BK4588":"碎股","BK4526":"热门中概股","NIO.SI":"蔚来","GRO":"Brazil Potash Corp.","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4574":"无人驾驶","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4581":"高盛持仓","BK4099":"汽车制造商","09866":"蔚来-SW","BK4548":"巴美列捷福持仓","BK4532":"文艺复兴科技持仓","BK4531":"中概回港概念"},"translate_title":"制造比亚迪收购蔚来谣言的男子被拘留","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":1,"GRO":1,"NIO.SI":0.6,"EVS.SI":0.6,"09866":0.6},"content_text":"The man used AI software to create the fake image and spread it online to boost the popularity of his own self-media account, according to local media.\n(Nio logo. Image credit: CnEVPost)\nA man who created a rumor about BYD (HKG: 1211, OTCMKTS: BYDDY) buying Nio (NYSE: NIO) has been detained after the rumor gained widespread attention last week.\nThe man who created the rumor, a 29-year-old surnamed Xie, has now been detained, Anhui Daily's Dawan News said in a report last night, citing Hefei public security authorities.\nThe man used AI (artificial intelligence) software to create the fake image and spread it online to boost the popularity of his own self-media account and gain traffic, according to the report.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\nThe man is not a resident of Anhui, the report noted, without mentioning his place of residence.\nOn November 22, a screenshot of a WeChat status showed a suspected BYD employee claiming that BYD and Nio would set up a joint venture, with BYD taking 51 percent of the shares and Nio 49 percent.\nThe text in the screenshot claims that the joint venture would acquire Nio for RMB 16.5 billion ($2.3 billion), and Nio will remain independent in the future.\nNio's assistant vice president for branding and communications, Ma Lin, later took to Weibo to deny the rumor, saying that the company had been doing quite well lately, with cash flow turning positive in the third quarter.\nMa shared a screenshot of a WeChat chat at the time, showing him asking BYD's head of branding and public relations Li Yunfei if the person suspected of posting the rumor was a BYD employee.\nBYD's Li later also took to Weibo to say that the information in the rumor was false.\nThe day after the rumor was posted, Nio's legal department social media accounts said on November 23 that the company had reported the incident to the police.\nAfter receiving the report from the concerned parties, the economic development zone branch of the Hefei public security bureau carried out an investigation. After checking with the companies involved and considering the investigation, the content of the screenshot proved to be false, according to the report by Dawan News yesterday.\nAccording to Chinese law, those who spread fake rumors and intentionally disturb public order will be sentenced to more than five days and less than 10 days of detention, and can be fined up to 500 yuan, the report noted.\nFor minor cases, the penalty is detention for up to five days or a fine of up to RMB 500, according to the report.\n($1 = RMB 7.2441)\nNio denies after rumor of acquisition by BYD swirls\n\n\n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n\n\n\n\n\n\nRelated posts on CnEVPost\n\n\n\n\n \n\n\nNio to open its 1st Nio House in UAE on Nov 28\n\n\n\n\n\n \n\n\nOnvo president reiterates confidence of delivering over 10,000 units in Dec\n\n\n\n\n\n \n\n\nChina EV insurance registrations for week ending Nov 24: Nio 4,000, Tesla 16,700, Xiaomi 4,600, BYD 95,900\n\n\n\n\n\n \n\n\n[Full text] 'The next two years are crucial for our success,' Nio's William Li says in internal letter\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486337445"}