$LK News

Last published 3mo ago

3mo agoLK LKNCYLuckin Coffee Second Quarter 2026 Earnings Conference Call - LUCKIN COFFEE INCEarnings Call TranscriptsLadies and gentlemen, welcome to Luckin Coffee's second quarter 2026 earnings conference call. All participants will be in a listen-only mode during management's prepared remarks, and there will be a question and answer
3mo agoLK LKNCYLuckin Coffee Second Quarter 2026 Earnings Conference Call - LUCKIN COFFEE INCEarnings Call TranscriptsLadies and gentlemen, welcome to Luckin Coffee's second quarter 2026 earnings conference call. All participants will be in a listen-only mode during management's prepared remarks, and there will be a question and answer
6mo agoLK LKNCYLuckin Coffee First Quarter 2026 Earnings Conference Call - LUCKIN COFFEE INCEarnings Call TranscriptsLadies and gentlemen, welcome to Lockeen Coffee's first quarter 2026 earnings conference call. All participants will be in listen-only mode during management's prepared remarks, and there will be a question and answer se
8mo agoLK LKNCYLuckin Coffee Fourth Quarter 2025 Earnings Conference Call - LUCKIN COFFEE INCEarnings Call TranscriptsLadies and gentlemen, welcome to LuckinCoffee's fourth quarter and full year 2025 earnings conference call. All participants will be in a listen-only mode during management's prepared remarks, and there will be a questio
6y agoIQ LK BIDUChinese Netflix-style service iQiyi tanks by 18% after U.S. regulators investigate fraud allegationsCNBCThe SEC investigation was prompted by a report from Wolfpack Research in April in which it accused iQiyi of fraud and inflating revenue and user numbers.
6y agoLK SBUX ALUCR-FRLuckin Coffee ousts chairman Lu, names Guo as CEOCNBCLuckin Coffee has ousted co-founder and chairman Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive officer, the embattled coffee chain disclosed on Monday.
6y agoLK CANChina Crypto Miner Ebang Plans to Start Bitcoin Exchange in 2020BloombergChinese crypto mining giant Ebang International Holdings Inc. is planning to launch an offshore exchange for digital assets this year, hoping to expand beyond a sector that tends to boom and bust with Bitcoin prices.
6y agoLKLuckin Coffee moves to remove chairman after accounting scandalCNBCLuckin Coffee announced Friday that its board of directors is moving to force out director and Chairman Charles Zhengyao Lu.
6y agoLKProposal of Resignation and Removal of the Chairman of the BoardGlobeNewswireBEIJING, June 26, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) announced that the Board of Directors of the Company (the “Board”), resolved to require Mr. Charles...
6y agoLKLuckin Coffee Received a Notification to Convene an Extraordinary General MeetingGlobeNewswireBoard of Directors Recommends Shareholders Vote Against the Proposal to Remove Sean Shao as an Independent Director of the Board BEIJING, June 26, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the...
6y agoLKLuckin Coffee Announces Withdrawal of its Request for Nasdaq HearingGlobeNewswireBEIJING, 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...
6y agoATIF BNR API LK+1Chinese Firms Are Pricing Their U.S. IPOs Above RangeBloombergInvestors seem to be brushing off the headwinds for Chinese companies looking to list in the U.S.
6y agoLK GSXCarson Block Renews Short-Selling Attack on Chinese Tutoring Firm After Stock SurgeBloombergCarson Block, the founder of Muddy Waters Capital LLC, has renewed his short-selling attack on Chinese after-school tutoring platform GSX Techedu Inc., which he called out as a fraud last month.
6y agoLKWirecard’s Braun Dumps Stock, Joining Ranks of Ex-BillionairesBloombergMarkus Braun started last week with a $1 billion stake in Wirecard AG, the digital payments company he ran. By the end of the week he was out of his job as chief executive officer and more than half his shares had been liquidated to meet a margin call.
6y agoLK NDAQ SBUX HLI+1Luckin gets another de-listing notice from Nasdaq, shares slump 18%CNBCLuckin Coffee Inc disclosed on Tuesday that it received a de-listing notice from the Nasdaq Inc last week after it failed to file its annual report, sending the shares of the Chinese coffee chain down about 18%.
6y agoLKLuckin Coffee Receives Delisting Notice from Nasdaq for Failure to File its Annual ReportGlobeNewswireBEIJING, 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 the...
6y agoLKLuckin Coffee Received Notification from Mr. Tianruo Pu of his Resignation as an Independent DirectorGlobeNewswireBEIJING, June 19, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced the following: The Company received a letter of resignation dated June 16, 2020 from Mr....
6y agoNTES LK BABA JDChinese E-Commerce Giant JD.com Climbs 6% in Hong Kong DebutBloombergJD.com Inc. soared about 6% in its Thursday debut in Hong Kong, a solid start that underscores strong investor appetite for a growing line-up of Chinese tech giants seeking to list closer to home.
6y agoDADA BNR JD LK+3UBS Drops From Chinese LGBTQ Dating App Blued IPOBloombergUBS Bank AG is no longer working on the U.S. initial public offering of the owner of Blued, China’s biggest LGBTQ dating app, after gauging the market, joining a number of other banks in curbing work on some U.S. listings by Chinese firms.
6y agoJD NTES DL CBPO+3China Inc. Pulls Out of U.S. Market at Fastest Pace Since 2015BloombergChinese companies are ditching their U.S. listings at the fastest pace since 2015 as they grapple with rising tensions between Beijing and Washington.
6y agoSBUX GS MS LKBanks Face $300 Million Shortfall on Luckin Coffee Margin LoansBloombergBanks including Credit Suisse Group AG and Morgan Stanley face a $300 million shortfall on margin loans to the embattled founder of Luckin Coffee Inc., after they sold shares he had pledged as collateral for deeply depressed prices.
6y agoJD LK BABA NTESChina’s Gaming Giant NetEase Jumps Over 9% in Hong Kong DebutBloombergNetEase Inc. soared more than 9% at the start of its first day of trading in Hong Kong, a solid debut that bodes well for a growing line-up of Chinese tech giants seeking to list closer to home.
6y agoBAC BABA LK NTES+1JD Is Said to Guide Pricing Hong Kong Listing at HK$226 EachBloombergJD.com Inc. is poised to raise HK$30.1 billion ($3.9 billion) in its Hong Kong second listing as China’s No. 2 online retailer is telling prospective investors that it plans to price the shares at around HK$226 each, people familiar with the matter said.
6y agoSBUX LKCar Inc. Chairman Resigns as Luckin Accounting Scandal EscalatesBloombergThe head of Luckin Coffee Inc. resigned as chairman of Car Inc., as scrutiny over the high-flying Chinese coffee chain and its accounting scandal continues to mount.
6y agoJPM JD LK BABA+1NetEase Guides Price Hong Kong Listing at HK$123BloombergNetEase Inc. is poised to raise HK$21 billion ($2.7 billion) in its Hong Kong stock offering as it’s telling prospective investors that it will likely price the shares at around HK$123 apiece, according to people with knowledge of the matter.
6y agoLKShort Seller Who Took Down Samsonite CEO Is Hiring During Virus CrisisBloombergBlue Orca Capital, the activist short seller founded by Soren Aandahl, has been expanding its team even as the coronavirus pandemic makes some of the firm’s on-the-ground research more challenging.
6y agoSBUX LKLuckin Sold Vouchers to Companies Tied to Chairman, WSJ ReportsBloombergLuckin Coffee Inc., the fast-growing Chinese chain that’s at the center of an accounting scandal, inflated its sales by selling vouchers to companies that were tied to its chairman and controlling shareholder, the Wall Street Journal reported.
6y agoNDAQ TAL LK EDU+1Muddy Waters Joins Short Sellers Pounding Away at China’s GSXBloombergTo some short sellers, GSX Techedu Inc. is an “almost completely empty box,” with numbers that are too good to be true. To many analysts -- including those at Credit Suisse Group AG, which led the company’s initial public offering -- the Chinese online education firm remains a buy, and detractors just don’t understand the business model.
6y agoTAL LKChina Battery Maker Suspended as Short Seller Questions ProfitsBloombergA Chinese maker of electric vehicles plunged in Hong Kong after a critical report questioned the firm’s accounting.
6y agoLK TSLAOnly a Few Hedge Funds Made Money in March and April. Here’s HowBloombergFather-of-six Nicolas Bryon didn’t get much sleep in March but it wasn’t family duties keeping him up. As global markets crashed, the Sydney-based hedge-fund manager rose every hour to check on his positions and execute trades.
6y agoBIDU LK BABA JDChina’s JD, Netease Aim to List Shares in Hong Kong Next MonthBloombergNetease Inc. aims to list shares in Hong Kong on June 11 and JD.com Inc. a week after, a person familiar with the matter said, completing two mega stock sales for the city at a time of escalating market volatility.
6y agoENRNQ BIDU BABA LK+2Stock Delisting Offers U.S. a Tempting Target in China TensionsBloombergPolitical momentum intensified this week to curtail investments in Chinese companies, in the latest sign that tensions between the world’s two largest economies have reignited.
6y agoGS NDAQ MS LKCredit Suisse Targets Luckin Ex-Billionaire’s Family AssetsBloombergLenders led by Credit Suisse Group AG are targeting the family assets of Luckin Coffee Inc. Chairman Lu Zhengyao as they try to recoup losses on more than $500 million in margin debt that soured after the company became embroiled in an accounting scandal.
6y agoNDAQ SBUX LKHedge Fund That Shorted China’s Luckin Early Is Betting on Worse to ComeBloombergOne of the first hedge funds to wager against Luckin Coffee Inc. is betting the stock’s 93% plunge this year has further to go.
6y agoNTES JD LKThere’s a Long Way to Go Before China Inc. Abandons U.S. ListingsBloombergThe U.S. fired its latest shot across the bows in its escalating rivalry with China when the Senate overwhelmingly approved a bill that could lead to Chinese companies being barred from listing on U.S. stock exchanges, although few expect China Inc. to abandon the U.S. as a listing venue entirely.
6y agoGS MS NDAQ LKLuckin’s Stock Faces Wipeout in Rush to Sell Before DelistingBloombergLuckin Coffee Inc.’s battered stock faces a renewed wave of selling on Wednesday, after Nasdaq Inc. said it planned to delist the onetime market darling that shocked investors with revelations of accounting fraud last month.
6y agoNDAQ LKNasdaq Scheduled Resumption in Luckin Coffee Inc.GlobeNewswireNEW YORK, May 19, 2020 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading in Luckin Coffee Inc. (Nasdaq: LK) is scheduled to resume on Wednesday, May 20, 2020, at...
6y agoNDAQ LKScandal-Ravaged Luckin Coffee Receives Nasdaq Delisting NoticeBloombergLuckin Coffee Inc. received a delisting notice from Nasdaq Inc., another blow to the once fast-growing Chinese startup that’s now grappling with a deepening financial scandal.
6y agoLK SBUXNasdaq tells Luckin Coffee of plans to delist the stock after sales fraudCNBCThe Nasdaq Stock Market has told Luckin Coffee that it will delist the stock after the company disclosed that its former chief operating officer fabricated sales in 2019.
6y agoLKLuckin Coffee Receives Delisting Notice from Nasdaq and Plans to Request HearingGlobeNewswireBEIJING, May 19, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced that on May 15, 2020, it received a written notice (the “Notice”) from the Listing...
6y agoJPM JD BAC DADA+2Headwinds Mount for Chinese Firms Seeking U.S. IPOsBloombergChinese companies looking to do initial public offerings in the U.S. face mounting headwinds.
6y agoSBUX LKLuckin Coffee Still Expanding Full Steam Despite Sales ScandalBloombergLuckin Coffee Inc. is opening stores at a breakneck pace in China and pledging internal company change as it tries to move beyond an escalating scandal involving $310 million in fraudulent sales.
6y agoLK5 things to know before the stock market opens WednesdayCNBCStock futures rise Wednesday, one day after the Dow, S&P 500 and Nasdaq each dropped about 2%.
6y agoBAC GS KC LKAnother Large Chinese IPO Lines Up in U.S. After Luckin ScandalBloombergDada Nexus Ltd., an operator of crowd-sourced delivery platforms in China backed by JD.Com, has filed for what could be the second large U.S. initial public offering by a Chinese firm since an accounting scandal at Luckin Coffee Inc cast a shadow over such deals.
6y agoSBUX LKLuckin Fires CEO, COO After Probing Fabricated TransactionsBloombergLuckin Coffee Inc. fired its chief executive officer and chief operating officer after an investigation into fabricated transactions.
6y agoLKLuckin Coffee Announces Changes to Board of Directors and Senior ManagementGlobeNewswireBEIJING, May 12, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK), today announced changes to its Board of Directors (“Board”) and senior management, effective May 11, 2020. ...
6y agoSBUX LK MS C+1The Chinese IPO That Led the Way in Wall Street’s Virtual ShiftBloombergAs the pandemic began rattling markets, there was no such thing as business as usual. That didn’t stop Ma Cunjun and his bankers.
6y agoJPM LK KCKingsoft Cloud Raises $510 Million in Upsized IPO Amid LuckinBloombergKingsoft Cloud Holdings Ltd. raised $510 million after pricing its upsized U.S. initial public offering, the first U.S. listing of a Chinese company since the fallout from the accounting scandal at Luckin Coffee Inc.
6y agoNTES LKHong Kong IPOs Pick Up the Pace as China RestartsBloombergInitial public offerings are picking up the pace in Hong Kong after two wildly successful biotech listings improved sentiment in the financial hub.
6y agoLK IQ BIDUChinese cloud firm gears up for $3.8 billion US listing despite coronavirus uncertaintyCNBCKingsoft Cloud's IPO comes amid a tough stock market environment due to the coronavirus pandemic and as scrutiny of Chinese listings in the U.S. intensifies following revelations of fraud at coffee chain Luckin Coffee.