According to media reports, NIO is considering a second listing in Singapore. In response, NIO officially stated that the company would not comment on market rumors.

People familiar with the matter said that NIO Auto is considering a second listing in Singapore as early as this year, and plans to go public in Hong Kong are also facing regulatory scrutiny. IFR reported in March last year that NIO had selected Credit Suisse and Morgan Stanley to arrange its second listing in Hong Kong, which would involve up to 5% of its share capital. With the Hong Kong listing plan pending, NIO Auto has begun considering listing in Singapore. Based on NIO Auto's market value of 37.8 billion US dollars on Tuesday, assuming that the company will sell up to 5% of its shares, the deal could raise about 1.9 billion US dollars. However, one of the people familiar with the matter said that NIO Auto will not completely abandon Hong Kong's plans and will continue discussions with Hong Kong regulators to try to resolve this issue.