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5 minute read
  • Asia
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Luckin 2.0? Freefalling Cloopen Flags Potential Irregularities, Spooking Investors

By The Bamboo Works
May 13, 12:39 PM
Key takeaways: •      Cloopen said it formed an independent special committee to look into employee misconduct and transaction irregularities discovered by auditor KPMG

LKNCY

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3 minute read
  • Asia
  • Markets

New China Accounting Scandal Flies Under the Radar. And Where There’s Smoke …

By The Bamboo Works
May 13, 12:35 PM
By Doug Young

LKNCY

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2 minute read
  • Government
  • Markets
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EV Maker Li Auto Among 17 New Chinese Firms Facing Risk Of Getting Delisted In US

By Rachit Vats
April 21, 10:20 PM
Li Auto Inc (NASDAQ: LI) is among 17 new U.S.-listed Chinese companies added to the U.S. Securities and Exchange Commission’s Holding Foreign Companies Accountable Act (HFCAA) list.

LI

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5 minute read
  • Asia
  • Markets
  • Uncategorized

Luckin Coffee Nears Major Milestone with Imminent Emergence From Bankruptcy

By The Bamboo Works
March 9, 11:35 AM
Key Takeaways:

LKNCY

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5 minute read
  • Global
  • News
  • Penny Stocks
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New Energy Lands as Hottest Category Among Chinese Concept Stocks in 2021 – Bamboo Works Special Report

By The Bamboo Works
January 26, 2:13 PM
Investors kept a close look at China’s solar and wind power stocks last year, but were least interested in the hobbled education sector By Bamboo Works team

API

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2 minute read
  • IPOs
  • News

Scandal-Hit Starbucks Rival Luckin Said To Be Scheming A US Relisting

By Shivdeep Dhaliwal
January 20, 1:38 AM
Luckin Coffee Inc (OTC: LKNCY) is planning to list its shares once again in the United States nearly two years after the Chinese company was rocked by a $300 million accounting scandal.

LKNCY

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5 minute read
  • Global
  • News
  • Uncategorized

Scandal-Ridden Luckin in Nascent Coffee Comeback. But Will Investors Take a Sip?

By The Bamboo Works
October 29, 11:10 AM
Key takeaways: Luckin Coffee’s latest post-scandal financial report shows revenue more than doubled in the first half of the year, as losses narrowed Reformed company’s shares have rebounded to just below their IPO price, as it moves to business model with new focus on franchising By Mia Shanley

LKNCY

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4 minute read
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Starbucks Is Back!

By IAM Newswire
May 28, 1:35 PM
The so-called "reopening boom" is benefiting Starbucks (NASDAQ: SBUX) along with others from the consumer niche that were hit hard during strict social-distancing limitations over the past year.

CMG

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