Topics
Fraud at Luckin
The Chinese Starbucks rival has been in hot water after revealing that it inflated its sales by $310 million in 2019. That scandal has dealt a fresh blow to the reputation of Chinese stocks in the U.S.
CX Daily: Hundreds of Chinese Patients Died in ‘Redundant’ Trials of Proven Drugs
China's weeklong Lunar New Year holiday sees mixed fortunes for its economy. A European consumer rights group files a complaint on TikTok
Highflying EHang Gets Lesson in Stock Market Aerodynamics
Shares of autonomous flying-vehicle maker lose more than half their value after short seller accuses company of pulling numbers out of the air
Luckin Investigation Finds No Evidence of CEO Misconduct
Guo claims accusations made by a group of former board members in January originated from disgraced former co-founder Lu Zhengyao
Premium Tea Giant Nayuki Brews Up Hong Kong IPO
China’s No. 2 chain for hip versions of the traditional drink moves closer to home after reports of earlier plan for New York listing
Deloitte Whistleblower Alleges Auditing Violations in China
Extensive PowerPoint document cites cases involving 10 clients amid a long-running fight with American regulators over review of audit papers for U.S.-listed Chinese companies
Luckin Coffee Files for Bankruptcy in New York
Company claims stores will continue operating as usual in China, with no impact on daily operations
CX Daily: Luckin-Tainted Former Car Rental Superstar to Drive Off Hong Kong Exchange
Another Chinese developer defaults. The new U.S. government should abandon Trump’s "misguided policies," China’s top diplomat urges
Luckin-Tainted Former Car Rental Superstar to Drive Off Hong Kong Exchange
Car Inc.’s shares more than doubled in the year after their 2014 IPO, but now the company is privatizing after its growth stalled
Starbucks’ Sales Grow in China, Bucking Global Downturn
Seattle-based coffee giant’s worldwide revenue falls in the last months of 2020 on pandemic measures
CX Daily: Dishonest Drugmaker Shows How Hard It Is to Combat Cross-Border Fraud in China
China issues additional quotas for outbound investment. President Xi will attend the Davos Agenda 2021 event next week
In Depth: Dishonest Drugmaker Shows How Hard It Is to Combat Cross-Border Fraud in China
Investors’ interests remain inadequately protected despite progress in such cases
Embattled Luckin Dusts Off Franchise Plan to Tout for New Retail Partners
Coffee chain operator hit by fraud scandal seeks investors in 22 provinces as it tries to get back on its feet
CX Daily: China Issues Rules for Cranking Up National Carbon Market
Honor works with Qualcomm on 5G devices. China’s top chipmaker stops trading shares in the U.S.
Sign in with Google
Sign in with Facebook
Sign in with 财新