Luckin Coffee s suspension statement, has it only come to this point due to the impact of the epidem

Updated on Financial 2024-04-03
28 answers
  1. Anonymous users2024-02-07

    Luckin Coffee suspended trading and stated that it was not due to the impact of the epidemic that he had come to this point, but his strength was average, he had always been in a state of loss, and his development was not good.

  2. Anonymous users2024-02-06

    No. I think the epidemic will have a certain impact on Luckin Coffee, but it is by no means the main reason, there is a problem with Luckin's ****.

  3. Anonymous users2024-02-05

    Yes, the epidemic is one of the reasons, and the internal management is also one of the reasons.

  4. Anonymous users2024-02-04

    It's not because of the pandemic. Luckin Coffee falsified financial reports in the early years, resulting in a large number of shareholders**, and later its performance plummeted and fell to today's end.

  5. Anonymous users2024-02-03

    The reason for the resumption of trading of Luckin Coffee is that:Affected by the previous financial fraud incidentandLuckin Coffee has never had a viable business model

    1. The impact of the previous financial fraud incident

    On April 2, Luckin Coffee admitted financial fraud of 2.2 billion yuan, and the stock price once exceeded 80%, triggering a circuit breaker to suspend trading, and then had to announce the suspension of trading, returning home only in US dollars, and the market value was only about 1.1 billion US dollars, only one-tenth of the more than 11 billion US dollars at its peak.

    Industry insiders analyzed that Luckin Coffee has almost no turnaround, probably becauseFinancial fraud is a serious problem of violating audit compliance, and compliance is a very important bottom line of survival.

    Second, Luckin Coffee has never had a viable business model

  6. Anonymous users2024-02-02

    has made everyone lose trust in this company, and the stock price ** is also reasonable, which does not include punishment.

  7. Anonymous users2024-02-01

    This should be expected, first of all, self-exposure of financial fraud, which has made everyone lose trust in this company, and the stock price ** is also reasonable.

  8. Anonymous users2024-01-31

    Because Luckin Coffee itself is a big **, the means used by capitalists to circle money, the purpose of making money has been achieved, this tool is useless, you can continue the same routine, change the soup without changing the medicine, and then engage in another company to continue to make money.

  9. Anonymous users2024-01-30

    Once the credit is lost, it will be difficult to get it back, **normal d, brother, run away.

  10. Anonymous users2024-01-29

    Such a serious fraud is not only **, but delisting is a great possibility.

  11. Anonymous users2024-01-28

    Luckin Coffee is shameless, and we have lost trust in them.

  12. Anonymous users2024-01-27

    Because doing short stocks is a particularly profitable business on Wall Street, the United States welcomes companies to go public in the United States, but some Chinese concept stocks are fraudulent in their performance, and flies do not stare at seamless eggs, and it is also legal to short in the United States, and you can also make money. So this is the way the capital market plays.

  13. Anonymous users2024-01-26

    Otherwise, can the stock price skyrocket after financial fraud?

    That's not everyone's financial fraud.

    Use your brain to ask questions.

  14. Anonymous users2024-01-25

    In fact, since Risecr removed it, Luckin Coffee has come to an end, because when a ** exchange reconsiders a brand, it is not only his own consideration, but also the consideration of shareholders, just like doing multiple choice questions, the teacher always says don't re-look at multiple choice questions, unless you are particularly sure, so Luckin stands on the opposite side of Starbucks, where does it come from.

  15. Anonymous users2024-01-24

    The magic of Wonder Inc. doesn't need a reason.

  16. Anonymous users2024-01-23

    Many people sell it, and the United States does not have a suspension system like China, so many people must sell directly dozens of points.

    So why are so many people selling? There are also financial problems and the problems of the company itself, and there are special short-selling institutions abroad, which is normal for the United States.

  17. Anonymous users2024-01-22

    The exchange requires delisting. Those who hold positions can only scramble for their lives.

  18. Anonymous users2024-01-21

    Because everyone drank it down, almost.

  19. Anonymous users2024-01-20

    For capital, **always**.

  20. Anonymous users2024-01-19

    Because of financial fraud, it leads to a chain reaction!

  21. Anonymous users2024-01-18

    The other disadvantage is that it is too expensive.

  22. Anonymous users2024-01-17

    Didn't you say that you have to delist, isn't it normal to fall?

  23. Anonymous users2024-01-16

    Do you want to skyrocket after doing such a thing?

  24. Anonymous users2024-01-15

    Presumably, in the past two days, everyone has been swiped by 80% of the things in Luckin ****, but what Zhizhi saw was the scene of exchanging coupons for coffee, and this is the last cup of Luckin coffee you drink, what is going on? Zhizhi will take you to understand

  25. Anonymous users2024-01-14

    Is the Luckin Coffee incident a good thing or a bad thing?

  26. Anonymous users2024-01-13

    Since the announcement of false results of 2.2 billion yuan on April 2, the share price of Luckin Coffee, which is listed in the United States, has been 80% on the same day, and 14% last nightThe suspension is now officially announced, pending further information being made public. Next, Jintou introduced the impact of the cessation of Luckin Coffee.

    Luckin Coffee's 2.2 billion yuan financial false impact affects the insurance field. At present, many law firms in the United States have filed lawsuits against Luckin Coffee and certain managers, and Luckin Coffee has filed directors' insurance claims with relevant insurance companies. According to the data, Luckin Coffee purchased D&O liability insurance before going public in the United States, with a total insurance amount of 25 million US dollars, and many domestic insurance companies participated in this insurance in the form of co-insurance.

    The Luckin Coffee Dong liability insurance policy consists of four layers of co-insurance, with a total insurance amount of $25 million. The underlying co-insurance body consists of 8 Chinese-funded companies, with an insurance premium of 10 million US dollars. Ping An Maternity Insurance of China is the highest insurer in the basic market, with a basic share of 30%.

    On April 7, Luckin Coffee's U.S. stock market announced its stop, waiting for more news to be made public, Luckin Coffee's pre-market**, Luckin Coffee's cumulative ** in the past 3 trading days**, is now a US dollar stock, and the total market ** is about 100 million US dollars.

    It is worth noting that Luckin Coffee invested in director insurance before going public in the United States, and many domestic insurance companies participated in this insurance in the form of coinsurance. The Luckin Coffee Dong liability insurance policy consists of four layers of co-insurance, with a total insurance amount of $25 million. The underlying co-insurance body consists of 8 Chinese-funded companies, with an insurance premium of 10 million US dollars.

    According to reports, Luckin Coffee has begun filing for claims.

    In addition, a report issued by Goldman Sachs shows that HaodelInvestment, a company controlled by Lu Zhengyao, a shareholder of Luckin Coffee, violated the liquidation contract, and the lender entrusted the Singapore branch of Luckin Coffee to take compulsory measures, with a loan size of 100 million US dollars and 76.4 million shares of Luckin Coffee's US deposit shares (ADS), including additional guarantee shares of the entity controlled by the credit control of the Qian Zhiya family, CEO of Luckin Coffee.

    In the latest news, law firm ThorntonLawfirmllp said that investors who purchased Luckin Coffee** or other** between April 1, 2016 and April 2, 2020 are interested and can visit the law firm** for more information, or contact them directly. Represented Luckin Coffee shareholders in a lawsuit against the Company.

  27. Anonymous users2024-01-12

    On the evening of May 19, the NASDAQ exchange notified Luckin Coffee of an excerpt. Next, did Jintou introduce Luckin Coffee to be forced to withdraw from the market by Paigao?

    There has been a new development in the financial fraud case of Luckin Coffee. On the evening of May 19, Luckin Coffee announced that it received a delisting notice from the Nasdaq exchange on May 15, and the company plans to hold a hearing on it, and Luckin will continue to be listed on the Nasdaq until the results of the hearing are out. Nasdaq halted trading on April 7 and now plans to resume trading on Luckin Coffee at 7 a.m. ET on May 20.

    According to past U.S. stock counterfeiting cases, Luckin Coffee has withdrawn from the market. In addition, Luckin is facing high litigation damages, with 14 overseas investors recently suing Luckin Coffee in Hong Kong**.

    Regarding the news that Luckin Coffee was asked by Nasdaq to leave the market, Lu Zhengyao, chairman of Luckin Coffee, issued a statement that Nasdaq asked the company to leave the market before the final investigation results, feeling disappointed and regretful. He also believes that Luckin Coffee's business model and business logic are valid, and that Luckin Coffee's revenue has continued to increase every year since its operation. In addition, Lu Zhengyao also mentioned that if Rising withdraws from the market, the difficulties and pressures it faces will continue to increase.

    However, no matter what, they will do their best to keep the store running, do their best to recover the losses of shareholders, and let the Rising brand go on.

  28. Anonymous users2024-01-11

    1. Luckin Coffee announced that after a preliminary investigation, the company's total sales from the second quarter of 2019 to Dilingjing Four Seasons Socks were exaggerated by about 2.2 billion yuan. After exposing the fraud, Luckin warned investors not to use any financial data in this prudent cycle as a reference. Investors can understand it at one point, and after the market opened, the stock price of Luckin Coffee fell by more than 80%, as of 23:00 Beijing time

    At 50, Luckin Coffee triggered a circuit breaker for the sixth time in the session and suspended trading. It's not a waist cut, it's an ankle cut.

    2. Luckin Coffee has opened three different types of stores, A-type stores, B-type stores and C-type stores. Type A stores are like traditional cafes like Starbucks, Type B stores mainly meet the demands of office workers to buy a cup of coffee when they go to work, and Type C stores don't even have a storefront, mainly for takeaway business.

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