Lawyer of these Luckin investors said it is the first time investors have tried to hold a company accountable in China for fraud perpetrated on US markets.
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INSIGHTS | What’s at stake in fight over delisting Chinese firms
Washington is threatening delisting for Chinese companies if they don’t comply with tighter audit rules. But there’s still room for a deal.
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Oyo China operations are on the brink of collapse
Softbank-backed hotel unicorn Oyo is on the verge of flaming out of its second largest market, China. It’s mostly its own fault.
