All posts tagged "Luckin Coffee"
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62Top 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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60Top 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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65Top 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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98Top 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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140Top 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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97Top 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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151Top 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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200Top 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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101Top 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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179Top 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...
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129Top NewsDon’t Be Fooled: Luckin Coffee’s Chairman Is Still in Control After “Ousting”
However, investors shouldn't be fooled by the headline. These two voting results were probably what Charles Lu wanted, and shareholders are now...
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130Top News
Luckin Coffee Chairman Reportedly Ousted As Internal Probe Finds Wrongdoing
A separate report from the Wall Street Journal said that an internal investigation of the company found that Lu knew or should have known...
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115Top NewsLuckin Coffee Drops Stock Market Delisting Appeal Following Fraud Scandal
Luckin Coffee announced Friday that the company had withdrawn its request for a Nasdaq hearing, a months after the stock market announced...
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178Top News
New Details Emerge About Luckin Coffee Short Seller’s Takedown
The e-mail suggested Luckin Coffee is engaging in fraud and cited firsthand checks of more than 1,500 individuals at 15% of Luckin's more...
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96Top NewsLuckin Coffee Receives Formal Delisting Notice From Nasdaq; Shares Resume Plunge
Luckin Coffee Inc. (LK) - Get Report said Tuesday that it has received a formal delisting notice from the Nasdaq as the China-based rival to...
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102Top NewsLuckin Coffee’s Lenders Win Court Order To Wind Down Chairman’s Offshore Assets
Judge Raj Parker will grant orders to liquidate two holdings " Primus Investments Fund and Mayer Investments Fund " which hold shares...