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 […]
Tag: 2020
Author Chai Jiayin After three months of ups and downs, Lu Zhengyao finally sold the cornerstone of his “capital empire”-Shenzhou Car Rental. On the evening of July 20, 2020, UCAR announced that it intends to transfer no more than 443 million shares of its holding company Shenzhou Rental Car to Jiangxi Jinggangshan BAIC Investment Management Co., Ltd. or its designated
Last night, Lu Zhengyao finally sold the Shenzhou car rental completely >> Read More
Sina Technology News On the evening of July 1, Ruixing Coffee released an announcement today that the special committee of the board of directors has basically completed an independent internal investigation of the fraudulent issues disclosed by the company in April 2020. During the internal investigation, the Special Committee and its consultants reviewed more than 550,000 documents collected from more
NEW YORK, June 30, 2020 (GLOBE NEWSWIRE) — The Nasdaq Stock Market announced today that it will delist the common stock of Tuesday Morning Corp . Tuesday Morning Corp.’s common stock was suspended on June 8, 2020 and has not traded on Nasdaq since that time. Nasdaq also announced today that it will delist the ordinary shares of Reebonz Holding
Editor’s note: This article comes from the WeChat public account “e-commerce online” (ID: dianshangmj), 36 krypton Released with authorization. Text | Yang Niwa Edit｜Si Wen “Do I still have a chance?” For accepting delisting facts Ruixing Coffee In terms of, the answer is no. On June 29, Ruixing Coffee was officially suspended from trading in US stocks, with a stock
Sina Technology News Afternoon on June 28, June 27, Rui Xing Coffee through official Weibo A statement stated that it will be held on June 29 (tomorrow) Nasdaq Suspension of trading and filing for delisting. Just the day before, Ruixing issued an announcement saying that it decided to withdraw its request for an oral hearing and would no longer seek
Ruixing Coffee’s delisting has become a foregone conclusion. Market value continues to plunge by 54%
Original title: Delisting of Ruixing Coffee is a foregone conclusion. Market value continues to plunge by 54%. Domestic stores operate as usual Source: Tianji.com Original title: The delisting of Ruixing Coffee has become a foregone conclusion. Market value continues to plunge 54%. Domestic stores operate as usual Not long ago, Ruixing Coffee’s financial fraud incident caused a heated discussion on
Ruixing Coffee wrote in the official announcement: “On May 22, 2020, the company held an oral hearing in the Nasdaq hearing area group according to market rule 4820. On May 23, 2020, the NASDAQ notice Company, the scheduled hearing date is June 25, 2020. On June 24, 2020, the company notified the NASDAQ listing qualification staff that the company decided
Make By: Lotte Source: Lei Di touched the net It’s time to come. Ruixing Coffee announced today that the company has decided to withdraw its previous request for a hearing and that the company’s stock will be suspended from trading on June 29, 2020. The Nasdaq General Counsel’s Office informed Ruixing Coffee that Ruixing Coffee’s stock will be suspended at
Sina Technology News Beijing News on the evening of June 26th, Rui Xing Coffee (Nasdaq: LK) opened down 29.3%. Shortly after the opening, it started to fuse. Just now, Ruixing Coffee announced that the company has decided to withdraw its previous request for a hearing, and the company’s stock will be suspended when it opens on June 29, 2020. On
Ruixing Coffee fell 29.3%, withdrawing hearing request >> Read More
MW Luckin Coffee to be delisted from the Nasdaq Luckin Coffee Inc. (LK) said Friday that it will be delisted from the Nasdaq. The Beijing-based coffee purveyor received two notices from the Nasdaq about its failure to adhere to listing rules. On May 22, Luckin requested a hearing on the issue, which had been scheduled for June 25. The day
Press Release: Luckin Coffee Announces Withdrawal of its Request for Nasdaq Hearing Luckin Coffee Announces Withdrawal of its Request for Nasdaq Hearing BEIJING, June 26, 2020 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced the following: As previously disclosed, the Company received two written notices (the “Notices”) from the Listing Qualifications Staff (the “Listing Qualifications Staff”)
June 26 (Reuters)-Luckin Coffee Inc: * LUCKIN COFFEE ANNOUNCES WITHDRAWAL OF ITS REQUEST FOR NASDAQHEARING * LUCKIN COFFEE INC-ON MAY 22, 2020, COMPANY REQUESTED AN “ORALHEARING BEFORE NASDAQ HEARINGS PANEL PURSUANT TO MARKET PLACE” LE 48 INC-ON MAY 23, 2020, NASDAQ INFORMED COMPANY OF SCHEDULED HEARING DATE OF JUNE 25, 2020 * LUCKIN COFFEE INC-OFFICE OF GENERAL COUNSEL OF NASDAQ
Original title: Rhino Finance Morning Post: Intime Property was defrauded by telecommunications 26.7 million Ruixing Coffee will receive another delisting notice Source: GPLP Rhino Finance GPLP Rhino Finance News June 24: On the evening of June 23, TCL Technology (000100.SZ) announced that the company intends to participate in the public delisting to acquire 100% equity of Zhonghuan Group. The transfer
After all, Ruixing Coffee will still be delisted from NASDAQ. From the exposure of financial fraud on April 2 to the second notice of delisting today on June 23, it only took more than two months. I don’t know what domestic A-share partners think about it. Ruixing Coffee received the NASDAQ delisting notice again This time because no annual report
According to Bloomberg news, Rui Xing lost the lawsuit and will be recovering 300 million debts. The two entities under Lu Zhengyao were liquidated. Ruixing Coffee did not comment on the news. Ruixing Coffee US stocks fell more than 2% before the market. Since the exposure of financial fraud on April 2, Ruixing Coffee’s share price has fallen steeply. As
Hot news US economic recession: “Long-term unemployment army” is underestimated, asset bubble alarm sounds In the past week, data from the US Department of Labor showed that the number of first-time jobless claims in the United States was 1.542 million, down from 1.877 million the previous week. The number of first-time jobless claims in the United States continues to decline,
Original title: This time, Lu Zhengyao really got involved in something. Source: Kuaiping.comLu Zhengyao, the chairman of Ruixing Coffee, who is deeply involved in public opinion, legal and business crisis, has recently been hit by a big event. On the morning of June 10, Shenzhou Car Rental announced that Lu Zhengyao had resigned as chairman of the company’s board of
1. Review of the performance of the stock market during the week 1.1 Overall performance of weighted indexes such as China Prospect Stock Since January 1, 2015, the weight index of Chinese stocks has risen, outperforming the S&P 500 index, with a relative return of 146.78%. Note: Constituent stocks and other weighted index constituent stocks include 56 companies that have
Original title: The next Ruixing Coffee? Another Chinese company is eyeing, revenue and number of users increased by 900%? Source: Professor Reading After the Ruixing fraud incident broke out, many Chinese companies listed in the United States were also implicated, and they were frequently “watched” by short-sellers. As of June 2, 2020, online education companies have received 9 short reports
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