Source: CITIC Securities Research Author: Yang devotional Summary: According to media reports, JD.com is expected to become the second Chinese listed company to return to Hong Kong stocks after Alibaba. After the exposure of Ruixing Coffee ’s counterfeiting incidents, many Chinese stocks were shorted, superimposed on the impact of the epidemic and frictions between China and the United States. The […]

Reuters, April 29-Ruixing Coffee said on Wednesday that it will not be able to release its annual financial report on time because it is processing investigations of hundreds of millions of dollars of false sales. The China Securities Regulatory Commission is investigating the accounts of Ruixing Coffee. Earlier Ruixing said that internal investigations revealed that its chief operating officer and

US stocks: Ruixing Coffee delayed the release of its annual report due to financial investigations and epidemic factors >> Read More

Original title: Cleaning up the “mouse shit” in the capital market requires a powerful vacuum cleaner Recently, the China Securities Regulatory Commission once again responded to the media regarding Ruixing’s financial fraud: willing to strengthen cooperation with overseas securities regulatory agencies to jointly combat cross-border violations of laws and regulations, and protect the legitimate rights and interests of investors in

A powerful vacuum cleaner is needed to clean up fraudulent “rat shit” in the capital market >> Read More

Original title: Ruixing Coffee: Due to the new crown epidemic situation and internal investigations are not completed, the annual report cannot be issued tomorrow Source: Oriental Fortune network Original title: Ruixing Coffee: Due to the new crown epidemic situation and internal investigations have not ended, the annual report cannot be issued tomorrow Luckin Coffee (Nasdaq: LK) will postpone the annual

Ruixing Coffee: Due to the new crown epidemic situation and internal investigation is not completed, the annual report cannot be issued tomorrow >> Read More

Original title: Ruixing Coffee said it was affected by the new crown epidemic and could not submit its 2019 financial report on time Source: Kuai Technology Ruixing Coffee, caught in a trading fraud, has encountered new troubles. According to the latest Form 6-K file submitted by Ruixing Coffee to the US Securities and Exchange Commission (SEC), the company was unable

Ruixing Coffee said it was affected by the new crown epidemic and could not submit its 2019 financial report on time >> Read More

Sina Technology News Beijing time on the evening of April 29th, Rui Xing Coffee (Nasdaq: LK) ‘s Form 6-K filed with the US Securities and Exchange Commission (SEC) today shows that the company was unable to submit its Form 20-F annual report by April 30, 2020 due to the new coronavirus epidemic . Ruixing Coffee said in its report that

Ruixing Coffee: The epidemic prevented the annual report from being submitted by the end of the month >> Read More

BRIEF

April 29 (Reuters)-Luckin Coffee Inc: * LUCKIN COFFEE INC-UNABLE TO MEET A FILING DEADLINE AS A RESULT OF THE NOVEL CORONAVIRUS OUTBREAK-SEC FILING * LUCKIN COFFEE-OPERATIONS HAD BEEN ADVERSELY AFFECTED BYNOVEL CORONAVIRUS OUTBREAK, CORONAVIRUS OUTBREAK, , IN CHINA * LUCKIN COFFEE-AS OF MARCH 31, 2020, ABOUT 85% OF SELF-OPERATED STORES HAD REOPENED & RETURNED TO NORMAL OPERATION * LUCKIN COFFEE

BRIEF >> Read More

April 29 (Reuters) – Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sales.   China’s top market regulator and securities watchdog are scrutinizing the company’s books, after Luckin said an internal investigation had shown its chief operating officer and other employees fabricated sales deals

Luckin Coffee delays annual filing amid accounting probes >> Read More

Scandal-tainted Luckin Coffee (NASDAQ: LK ) says it won’t file its annual report by April 30 due to delays caused by COVID-19 and an internal investigation. The company says it has had limited access to its office buildings with certain employees required to complete 14-day quarantine periods before resuming on-site work.  Luckin says it’s working diligently to explore possible ways

Luckin Coffee saga blindsides Credit Suisse >> Read More

Original title: Confirm! JD.com will go public in Hong Kong, the main underwriters Bank of America Merrill Lynch, UBS, the size of the fundraising is not yet determined … The return of the Chinese stocks to Hong Kong may be accelerated Source: Securities Times According to sources involved in the listing of JD.com in Hong Kong, the Securities Times reporter

confirm! JD.com will go public in Hong Kong, the main underwriters Bank of America Merrill Lynch, UBS, the size of the fundraising is undecided … The return of Chinese stocks to Hong Kong may accelerate >> Read More

(Reuters) – The U.S. Securities and Exchange Commission is investigating Luckin Coffee Inc for fabricating millions of dollars worth of sales deals last year, the Wall Street Journal reported https://on.wsj.com/3eYO4Kx on Wednesday citing people familiar with the matter. Earlier this month, Luckin Coffee said an internal investigation revealed that its chief operating officer and other employees were suspended for fabricated

U.S. SEC investigates Luckin Coffee over accounting scandal: WSJ >> Read More

Sina Finance News Foton Motor The company’s operating transcripts for 2019 were disclosed recently. The company’s operating income was 46.966 billion yuan, an increase of 14.40% year-on-year. It benefited from the divestiture of Baowo Automobile, which achieved a loss for the whole year and recorded a net profit of 192 million yuan ‘S net profit is still at a loss,

Foton Motor is intensified by the risk of debt collection by Ruixing, deducting non-six consecutive losses of assets >> Read More

Original title: China Securities Regulatory Commission said it is willing to strengthen cooperation with overseas securities regulatory agencies to combat cross-border violations “The China Securities Regulatory Commission has always held the supervision philosophy of fearing the market, fearing the rule of law, fearing risks, and fearing investors, and is willing to strengthen cooperation with overseas securities regulatory agencies, including the

China Securities Regulatory Commission said it is willing to strengthen cooperation with overseas securities regulatory agencies to combat cross-border violation >> Read More

Original title: Cross-border regulatory cooperation should be further strengthened Securities Times reporter Wang Junhui Ruixing Coffee’s financial fraud continues to ferment. Since Ruixing Coffee’s exposure to financial fraud, the China Securities Regulatory Commission has expressed its solemn position and communicated with the US Securities Regulatory Commission on cross-border regulatory cooperation issues. Time-valued capital markets vigorously promote two-way opening up, and

Cross-border regulatory cooperation should be further strengthened >> Read More

Original title: National regulatory authorities intervene in the investigation Source: Chongqing Business Daily After a period of silence, attention has now been raised again. On April 27, it was reported that Ruixing Coffee had been taken over by the public security and industry and commerce, and the CSRC had settled in Ruixing for investigation. Then Ruixing Coffee responded that the

National regulatory authorities intervene in investigation >> Read More

That’s the question in Beijing where the China Securities Regulatory Commission has been more vocal than it normally would in addressing the Luckin Coffee (NASDAQ: LK ) fraud and working with the SEC. China is said to be trying hard to maintain the order and discipline of the market, while also accounting for the damaged national pride in the nation

What to do with Luckin Coffee? >> Read More

On the evening of April 27, the relevant person in charge of the China Securities Regulatory Commission responded to the reporter ’s question: Since Ruixing ’s self-defeating financial fraud, the China Securities Regulatory Commission has expressed its solemn position for the first time and communicated with the US Securities Regulatory Commission on cross-border regulatory cooperation matters. A positive response was

Regarding Ruixing ’s fraud, the SFC does not tend to implement “long arm jurisdiction” >> Read More

Lu Zhengyao’s circle of friends: the “Golden Triangle” of ChinaLu Zhengyao, the chairman of Ruixing Coffee, has two other listed companies-Shenzhou Car Rental listed on the Hong Kong Stock Exchange and Shenzhou UCAR listed on the New Third Board. These three listed companies, Lu Zhengyao are major shareholders. And Li Hui, Liu Erhai, and the big cymbals and happy capital

Lu Zhengyao’s circle of friends: the “Golden Triangle” of China >> Read More

Zhitong Finance APP was informed that yesterday, the relevant person in charge of the China Securities Regulatory Commission answered the reporter ’s The relevant person in charge of the China Securities Regulatory Commission stated that Since Ruixing Coffee exposed financial fraud, the China Securities Regulatory Commission has expressed its solemn position and communicated with the US Securities Regulatory Commission on

China Securities Regulatory Commission responds to investigation of Ruixing Coffee (LK.US) incident: has communicated with the US Securities Regulatory Commission >> Read More