CIMBALI
Monday 23 December 2024
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State Administration for Market Regulation

Chinese regulators to penalise Luckin Coffee after confirming huge accounting fraud

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MILAN – Chinese regulators will issue administrative penalties to the operating entities of Luckin Coffee Inc., two of its affiliates, and third parties assisting...
Companies

Luckin Coffee investigated by China’s top business and commerce regulator

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MILAN – Luckin Coffee Inc.confirmed Monday that it its being investigated by China’s top business and commerce regulator as its Nasdaq-listed shares continued to...

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