On August 6, U.S. time, the U.S. Department of the Treasury’s official website released the “Report on Protecting U.S. Investors from Major Risks in Chinese Companies”, which put forward 5 audit recommendations for Chinese companies listed in the United States. These include raising the listing threshold for Chinese companies planning to go public in the United States, and requiring Chinese […]
Month: August 2020
Original title: Luckin Coffee achieved single-store profitability in July. Will it achieve overall profitability in 2021? On August 10, an insider close to Luckin Coffee revealed to multiple media that Luckin Coffee, which was deeply involved in financial fraud on August 8, held the 2020 Mid-Year National Conference. During this meeting, Ruixing internally announced some business conditions: as of July,
Futu News reported on August 10 that an insider close to Ruixing Coffee revealed that on the weekend of August 8 just past, Ruixing Coffee, which is deeply involved in financial fraud, held the 2020 “Mid-Year National meeting”. Judging from the business situation disclosed at the meeting in the first half of the year, there are quite positive signals. The
Zhitong Finance APP learned that Lucky Coffee (LK.US) announced today that it has received applications from Lucky Cup Holdings and Fortune Cup Holding to hold an extraordinary general meeting. The two companies proposed to restore Shao Xiaoheng as a director of Ruixing’s board of directors in the application. The board of directors of Ruixing Coffee has reviewed the application and
When it comes to Luckin Coffee (OTCMKTS: LKNCY ), it’s not all about pointing fingers, bad actors, or failed price charts and the like. Luckin stock is an important wake-up call. In a market made up of stocks, it’s always smart to hedge those sure things or the next, next big thing, to avoid the possibility of an ever-present painful
Those shorting stocks during the COVID-19 pandemic have made more than $50 billion in profits. Billionaire Bill Ackman recently said that activist short sellers are far more efficient than regulators at unearthing corporate frauds, and that regulators should work with short sellers. Here we take a look at the top 10 best performing activist short calls in the first half
Top 10 Activist Short Calls That Paid Off Big Time In 2020 H1 >> Read More
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