All posts tagged "Luckin Coffee"
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13For Roasters & RetailersLuckin Coffee probe on CEO finds no evidence of misconduct
From reuters.com Embattled Chinese coffee chain Luckin Coffee said on Wednesday its board had found no evidence of misconduct against Chief Executive...
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19Top NewsStarbucks shares rise after Luckin Coffee bankruptcy filing
From marketwatch.com Starbucks Corp.’s stock SBUX, +0.81% edged up in Tuesday trading, putting it on track to snap a five-say losing streak,...
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30Top NewsLESSONS IN THE LUCKIN COFFEE DEBACLE
From restaurantbusinessonline.com Last week, the Chinese coffee chain Luckin Coffee declared bankruptcy in the U.S., hoping to hold off a bunch of...
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87Top News
China’s Luckin Coffee to pay $180 million penalty to settle accounting fraud charges
From cnbc.com Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges for “intentionally and materially” overstating...
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107Top NewsWhy Investors Should Continue To Avoid Luckin Stock
There’s no compelling reason to get excited about this stock. The only real news out there is that Chinese regulatory authorities will...
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110Top NewsInvestors in Luckin Stock Need to Wake up and Smell the Coffee
From: investorplace.com While Luckin Coffee has ousted the executive team that was in charge when the fraudulent accounting took place, big question...
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117Top NewsThe Revival in Luckin Coffee Could Score You 1,000% Gains
In InvestorPlace’s financial newsletter The Daily 10X Stock Report, which is aimed at delivering to your inbox, every single day, a stock pick that could...
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104Top News
Let’s Roll The Dice And Give Luckin Coffee A Chance
Sometimes it’s perfectly okay to flip-flop on a stock. Recently I looked through the news developments concerning Luckin, and I didn’t see...
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109Top News
China Fines Luckin Coffee, Associated Firms Combined $9 Million
China’s markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan...
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141Top News
Luckin Coffee Announces The Re-Appointment Of Mr. Sean Shao As An Independent Director
Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced the re-appointment of Mr. Sean Shao as an independent director to its Board of Directors...
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196Top News
China Says To Penalise Luckin Coffee For Accounting Fraud
Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the...
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146Top NewsLuckin Coffee Received Notifications From Ms. Jie Yang And Ms. Ying Zeng Of Their Resignations From The Board, Effective Immediately
The Company received a letter of resignation on August 3, 2020 from Ms. Jie Yang and Ms. Ying Zeng, respectively, under which...
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193Top News
Luckin Coffee Co-Founder Sells Stake In Car Inc, China’s Largest Car Rental Firm, To BAIC Subsidiary For US$180.6 Million
Chinese ride-hailing services provider UCar, which is controlled by Charles Zhengyao Lu, co-founder of scandal hit Luckin Coffee, said on Monday it...
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259Top NewsLuckin Coffee Announces the Appointment Of “Light-Touch” Joint Provisional Liquidators In The Cayman Islands
Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced that the Grand Court of the Cayman Islands has appointed Alexander Lawson of Alvarez...
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142Top News
Luckin Coffee Ousts Chairman Lu, Names Guo As CEO
Earlier this month, the China-based coffee chain wound up an internal probe into fake annual sales of about $300 million, following which...
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224Top News
Surprise! Luckin Coffee Stock Has Quietly Doubled Since Its Delisting
Investors in China's Luckin Coffee (OTC:LKNC.Y) have had to deal with a lot of surprises this year. Revelations of fraudulent accounting practices led to a long suspension...