Information asymmetries between tech-focused Chinese companies and US investors makes it easy for dishonest managers to lie to investors.
Wei Sheng joins to discuss a recent lawsuit filed against Luckin Coffee in China, and how regulators are cracking down on the company since their admission of fraud.
After Luckin Coffee’s spectacular admission of fraud, more Chinese companies are finding themselves in the crosshairs of regulators and short sellers.
The results reflect an improved cost control strategy.
After Luckin touched off a short-selling bonanza, e-commerce and edtech are winning, but what about everyone else?
Michael Norris from Agency China talks earnings. They go over the quarterly reports from Alibaba, JD, and Tencent, as well as Luckin Coffee’s very impressive report, which sent their stock soaring.
Shares slid overnight after losses hit nearly $100 million in the quarter.
Coffee unicorn’s US listing is a good time to check your FOMO and dig into the numbers
Iqiyi is no Luckin. While the company has problems, a short report from Wolfpack Research accusing it of overstating users and revenue is not convincing.
Chinese upstart Luckin Coffee raised $200 million Series B as it targets even faster delivery time for its brew.