Investors in U.S. markets are shrugging off the risks that come with companies based in China, despite growing tensions and warnings from American regulators.
It was no garden-variety accounting scandal when Luckin Coffee inflated revenues and its stock plunged. U.S. investors have almost no recourse because of a bizarre...
Luckin Coffee was supposed to be China's answer to Starbucks. Its U.S.-listed stock reached $51 a share, and sophisticated investors like BlackRock and J.P. Morgan...
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