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Luckin blames internal investigation and COVID-19 as reasons for missing annual report deadline

A probe over its accounting fraud is being conducted by SEC and its Chinese counterpart, the CSRC.

2 mins read
  • However, Yonghui Superstores’ stock dived more than 6% following the announcement.

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    CHINA BRIEF | Supermarket chain backed by Tencent and JD.com reports nearly 40% increase in Q1 net profits

    1 min read

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