NIO Inc ADR
NIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?& | LOCK|Pd^ | LOCK|cF<m@h? |
Nio: Order Momentum From New Launches Points to Strong Vehicle Sales; Shares Fairly Valued
Nio’s H-shares dropped 8% on Oct. 16 in Hong Kong on Bloomberg news that Singapore’s sovereign fund GIC filed a lawsuit against Nio in the US, accusing the company of inflating revenue by selling batteries to an associate company and immediately booking the full sales as revenue.
