‘If there’s anything to be learned about Luckin Coffee, it’s that there’s always more than meets the eye.’ Luckin skeptic Michael Norris has more questions.
Luckin Coffee’s multi-billion-dollar collapse should alert investors to a “New China Hustle”—risks of falsified growth and management acting in bad faith.
Washington is threatening delisting for Chinese companies if they don’t comply with tighter audit rules. But there’s still room for a deal.
Suzhou lottery winners can spend their RMB 200 of the digital yuan at JD.com, Didi, Meituan, or Bilibili—or pay their Party dues.
Is capital winter over? Huawei, JD, and Luckin are some of the companies whose fundraising is part of the great cash grab of early 2020.
Softbank-backed hotel unicorn Oyo is on the verge of flaming out of its second largest market, China. It’s mostly its own fault.