Information asymmetries between tech-focused Chinese companies and US investors makes it easy for dishonest managers to lie to investors.
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Posted inThe Numbers
After Luckin, fraud will still be a problem with Wei Sheng
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.
Posted inThe Numbers
US-listed Chinese firms are on thin ice
After Luckin Coffee’s spectacular admission of fraud, more Chinese companies are finding themselves in the crosshairs of regulators and short sellers.
Posted inUp and Comers
Luckin Coffee shares jump 13% on narrowed Q3 losses, revenue beat
The results reflect an improved cost control strategy.
Posted inThe Numbers
After short-selling spree, what’s next for Chinese tech stocks?
After Luckin touched off a short-selling bonanza, e-commerce and edtech are winning, but what about everyone else?
Posted inWith Chinese Characteristics
Alibaba, JD, Tencent, and WOW, LUCKIN COFFEE! with Michael Norris
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.
Posted inThe Numbers
Luckin’s net losses doubled in Q2 as cash-burning continues
Shares slid overnight after losses hit nearly $100 million in the quarter.
Posted inViews
INSIGHTS: Is Luckin’s rushed IPO a path to sustainability or a pig in a poke?
Coffee unicorn’s US listing is a good time to check your FOMO and dig into the numbers
Posted inThe Numbers
INSIGHTS | Short seller huffs and puffs, but it doesn’t blow Iqiyi down
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.
Posted inThe Numbers
Briefing: Luckin Coffee raises $200 million at $2.2 billion valuation
Chinese upstart Luckin Coffee raised $200 million Series B as it targets even faster delivery time for its brew.
