Daily Debrief: What Happened Today (Oct 16)

Nio founder William Li at an event in China in December 2023. GIC argues that the EV maker should have disclosed Weineng as a variable interest entity and consolidated its financial results with its own. PHOTO: NIO

Published Thu, Oct 16, 2025 · 06:30 PM

Stories you might have missed

IT’S accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary shares.

COMMITTEE addressing concerns that the current system is too complex.

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

IT STARTED trading S$0.05 up from S$0.58 offer price on volume of over 18 million shares.

THE group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000.

IT IS in the vicinity of Woodlands South MRT station and can yield 560 homes.