$NIO Inc.(NIO)$ Er… no. NIO does not have to prove anything. Their relationship with Weineng has also been clarified and clearly stated in their financial reports for the past 4 years. It is GIC’s fiduciary duty to pursue the lawsuit even if they do not have a strong case simply because they lost money for Singapore. It’s to show that they done something about it. If you’re truly interested about learning the case in detail and not simply just pumping out posts, you can research more on Reddit. https://www.reddit.com/r/Nio/comments/1oa7eze/anatomy_of_a_stock_market_slander_nio_mirattery///@koolgal:🌟🌟🌟The lawsuit by Singapore's GIC against Nio is not good for Nio's reputation and it is als

Hard for GIC to win the case. They have to first prove that it is indeed fraud. Then they have to prove causality (fraud caused them to lose money). NIO also has in the past took actions to demonstrate accountability (independent internal investigation) as well as successfully listed in HK and SG (both requires stringent checks). So, I’d say… this is a non-event.