Information asymmetries between tech-focused Chinese companies and US investors makes it easy for dishonest managers to lie to investors.
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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?
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.
Luckin’s net losses doubled in Q2 as cash-burning continues
Shares slid overnight after losses hit nearly $100 million in the quarter.