On July 8, short-selling agency Blue Orca Capital issued a short report on China’s Feihe, questioning Feihe’s infant milk powder revenue, operating costs, and profitability. As soon as the news came out, Feihe’s stock price plunged more than 8%. However, after Feihe clarified and released its earnings report, the company’s stock price rose in the afternoon. As of the close

Short again! Feihe or “reproduced Ruixing”? >> Read More

Original title: May be affected by Ruixing Coffee and China Automobile failed to disclose the annual report on time Yesterday night, UCAR announced that, according to relevant regulations, because the company could not disclose the 2019 annual report on time, UCAR stock will be suspended from July 1, and may face the risk of forced termination of the listing by

Or may be affected by Ruixing Coffee and China Automobile did not disclose the annual report on time. >> Read More

Sina Technology News morning news on July 1st, in the evening of June 30th, UCAR announced that, according to relevant regulations, the company’s shares will be listed as SME shares nationwide from July 1st because the company cannot disclose the 2019 annual report on time. The suspension of the transfer system limited liability company. According to the announcement, the company

Due to the failure to disclose the annual report on time, UCAR suspended from July 1 >> Read More

Source: e company official micro Author: Li Manning, Cao Chen, Li Xuefeng Abstract: Ruixing Coffee’s delisting is about to enter the countdown, but the consequences of the company’s alleged financial fraud are far from over. Early in the morning on June 27, Ruixing Coffee issued an official statement that it will be suspended from NASDAQ on June 29 and will

Ruixing is “dead”? Over 4000 stores still want to live! The possibility of physical store owner change >> Read More

Because of the Dragon Boat Festival holiday, A shares stopped trading this Thursday, but the US stocks have been a little thrilling these days. On Friday, the three major US stock indexes fell collectively. As of the close, the Dow fell 2.84%, and this week fell 3.3%; the S&P 500 fell 2.42%, and this week it fell 2.9%; the Nasdaq

Rui Xing gave up struggling! Six times of intraday fuse, the stock price welcomes the bloody night >> Read More

DJ Luckin Stock Tumbled Because It Decided to Stop Fighting Its Delisting — Barrons.com By Luisa Beltran Luckin Coffee, which is embroiled in an accounting scandal, said Friday that it no longer plans to fight the Nasdaq’s decision to delist the company, causing its stock to lose more than half its value. Luckin’s (Ticker: LK) American Depositary Shares will be

Luckin Stock Tumbled Because It Decided to Stop Fighting Its Delisting >> Read More

DJ Luckin Coffee Moves to Remove Chairman Charles Lu From Board By Maria Armental The board of embattled Chinese coffee chain Luckin Coffee Inc. is moving forward to remove Chairman Charles Lu but asked shareholders to vote against a proposal to remove Sean Shao from the board, citing concerns about potentially disrupting an internal investigation. A board meeting will be

Luckin Coffee Moves to Remove Chairman Charles Lu From Board >> Read More

DJ Luckin Coffee Drops Nasdaq Appeal. Shares To Be Delisted — Update By Jing Yang Embattled Chinese coffee chain Luckin Coffee Inc. said it no longer plans to appeal a decision by the Nasdaq Stock Market to delist its shares, effectively ending its one-year run as a U.S. publicly listed company. Luckin’s American Depositary Shares will be suspended from trading

Luckin Coffee Drops Nasdaq Appeal; Shares To Be Delisted >> Read More

Original title: Nasdaq informed Ruixing Coffee’s stock suspension on June 29th, stock price plunged 23% before the market Source: Financial website U.S. stocks in the financial world News on June 26, Beijing time, the Nasdaq General Counsel’s Office has notified Ruixing Coffee (US stock LK) that the company’s stock will be suspended when it opens on June 29. Ruixing Coffee

Nasdaq informs Ruixing Coffee’s stock suspension on June 29, stock price plunges 23% before the market >> Read More

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”)

Luckin Coffee: Nasdaq Has Notified the Co Its Shrs Will Be Suspended at the Open of Business on June 29 >LK >> Read More

BRIEF

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

BRIEF >> Read More

Original title: Hiring investment bank Hualian as a consultant Ruixing Coffee’s move can “self-help”? source: Oriental Fortune network According to a report on June 23 by Phoenix Network Technology, Reuters reported that people familiar with the matter said that Ruixing Coffee has selected US investment bank Houlihan Lokey as its consultant. Earlier, Ruixing Coffee’s accounting scandal had caused the company’s

Hiring investment bank Hualian as a consultant Ruixing Coffee’s move can “self-help”? >> Read More

DJ Luckin Coffee Gets Nasdaq Delisting Notice for Not Filing Annual Report By Dave Sebastian Luckin Coffee Inc., the Chinese coffee company that admitted to faking sales numbers, said it received a delisting notice from Nasdaq on June 17 for not filing its 2019 annual report. The notice came after Nasdaq’s listing staff in May moved to delist the Xiamen,

Luckin Coffee Gets Nasdaq Delisting Notice for Not Filing Annual Report >> Read More

Press Release: Luckin Coffee Receives Delisting Notice from Nasdaq for Failure to File its Annual Report Luckin Coffee Receives Delisting Notice from Nasdaq for Failure to File its Annual Report BEIJING, June 23, 2020 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced that on June 17, 2020, it received an additional written notice (the “Notice”) from

Luckin Coffee Hasn’t Been Able to File Annual Report Due COVID >> Read More

Original title: Ruixing plunged more than 14% before the market, because he failed to submit the annual report and received the NASDAQ delisting notice again Source: Tencent Securities Tencent Securities June 23, Ruixing Coffee said that it received a NASDAQ notification on June 17 stating that its failure to submit an annual report constitutes another basis for delisting. After the

Ruixing plunged more than 14% before the market, because it failed to submit the annual report and received the delisting notice of NASDAQ again >> Read More

Zhitong Finance APP learned that according to the documents submitted by Ruixing Coffee (LK.US) to the SEC on June 23, the company received the second delisting notice given by NASDAQ on June 17 because the Able to submit annual report (20F report) as of December 31, 2019. The company received a NASDAQ delisting notice on May 19 due to financial

Failed to submit the 2019 annual report, Ruixing Coffee (LK.US) will accept Stark Delisting Notice >> Read More

June 19, Ruixing Coffee The announcement said that a special general meeting of shareholders will be held on July 5, 2020. The matters to be discussed at this general meeting of shareholders include the dismissal of director Lu Zhengyao’s appointment of directors, Li Hui and Liu Erhai’s appointment of directors, and the appointment of independent director Sean Shao. If Lu

Lu Xing Coffee expelled chairman Lu Zhengyao, what is the way to expel the chairman? Can you save Ruixing? >> Read More

DJ Banks Win Right to Liquidate Millions in Luckin Coffee Stock Owned by Chairman By Jing Yang Banks including Credit Suisse Group AG have won court orders to liquidate tens of millions of dollars in Luckin Coffee Inc. stock owned by embattled Chairman Charles Lu, a development that could weaken his control over the company as a crucial shareholder vote

Banks Win Right to Liquidate Millions in Luckin Coffee Stock Owned by Chairman >> Read More