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.
After Luckin touched off a short-selling bonanza, e-commerce and edtech are winning, but what about everyone else?
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.
Covid-19 hit the VC market while it was down. But there’s one bright spot for startups—new rules on mainland exchanges are powering a wave of domestic IPOs.
In translation from Ran Caijing, a look at how far China tech stocks plunged under the influence of the virus—and the few that rose.