[NEW YORK] Luckin Coffee said an internal investigation into fabricated transactions dating back to April 2019 is drawing to a close ahead of a special meeting that is expected to result in the...

[BENGALURU] Luckin Coffee said on Friday Nasdaq notified the Chinese coffee chain that its shares would be delisted at the open on Monday.

[HONG KONG] Lenders led by Credit Suisse Group are targeting the family assets of Luckin Coffee chairman Lu Zhengyao as they try to recoup losses on more than US$500 million in margin debt that...

[HONG KONG] A company linked to China's scandal-hit Luckin Coffee is seeking fresh capital, sources said, highlighting the ripple effect of Luckin's fabricated transactions as the chairman of both...

[NEW YORK] Luckin Coffee received a delisting notice from Nasdaq, another blow to the once fast-growing Chinese startup that's now grappling with a deepening financial scandal.

[BEIJING] The chief executive of Luckin Coffee, a chain rivalling Starbucks in China, and another top executive have been sacked in the wake of a massive fraud scandal that has rocked the company...

[NEW YORK] China's Kingsoft Cloud Holdings said on Monday it aims to sell up to US$450 million in stock in a US initial public offering (IPO), which could value the cloud service provider at as...

[HONG KONG] Citigroup has been picked for a top role on WeDoctor's Hong Kong initial public offering (IPO), replacing Credit Suisse Group, according to people with knowledge of the matter.

[HONG KONG] Morgan Stanley, Credit Suisse Group and Haitong International Securities Group were among the biggest participants in a series of margin loans to Luckin Coffee's founder before...

[BEIJING] China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee and sources said some of the banks involved in the Chinese chain's successful US initial...