UPDATE 2-China probes alleged fraud at Luckin Coffee, banks review IPO work
China’s securities
regulator said on Friday it would investigate claims of fraud at
Luckin Coffee Inc and sources said some of the banks
involved in the Chinese chain’s successful U.S. IPO last year
were reviewing their work in the listing.
regulator said on Friday it would investigate claims of fraud at
Luckin Coffee Inc and sources said some of the banks
involved in the Chinese chain’s successful U.S. IPO last year
were reviewing their work in the listing.
Posted by Reuters
