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luckin coffee
Luckin Coffee to Pay $180 Million Penalty to Settle Accounting Fraud Charges: US SEC
China-based startup Luckin Coffee Inc. has agreed to pay a $180 million penalty to settle accounting fraud charges for "intentionally and materially" overstating its 2019 revenue and understating a net ...
December 17, 2020
BY
Reuters
NTD Business (Aug. 7): Unemployment Rate Falls
The latest data for July shows the American job market is recovering, although at a slower speed than ...
August 7, 2020
BY
NTD Television
China Quietly Raised $1.8 Billion on London Stock Exchange, More Planned
While the UK public was focused on Huawei’s involvement in the country’s 5G project, the Chinese regime quietly ...
July 20, 2020
BY
Sharon Hsu
China in Focus (June 27): Central China Hit by Code Red Flooding
Another code red flood warning is issued in central China as torrential rains continue drenching the area, with ...
June 27, 2020
BY
NTD Television
Calls for Scrutiny of US-Listed Chinese Companies Will Benefit Investors
Commentary When Chinese beverage brand Luckin Coffee admitted to fraud—wiping out $8.3 billion of value from U.S. investors’ ...
May 17, 2020
BY
Fan Yu
Under Pressure in the US, Chinese Firms Seek Share Sales in Hong Kong
Under increasing scrutiny in the U.S. capital markets, a number of major Chinese firms are reportedly seeking secondary ...
May 6, 2020
BY
Alexander Zhang
iQiyi, ‘Netflix of China,’ Allegedly Committed Securities Fraud
News Analysis China streaming video leader iQiyi, the “Netflix of China,” is accused by a research firm and ...
April 12, 2020
BY
Chriss Street
Luckin Coffee Chairman Defaults on Loan, Surrenders Company Shares
HONG KONG/NEW YORK—Luckin Coffee Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares ...
April 6, 2020
BY
Reuters
China Probes Alleged Fraud at Luckin Coffee, Banks Review IPO Work
HONG KONG/BEIJING—China's securities regulator said on April 3 it would investigate claims of fraud at Luckin Coffee Inc., ...
April 3, 2020
BY
Reuters
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Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
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US Forces Shoot Down 2 Iranian Drones
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US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
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