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Another U.S. IPO of a Chinese Company Goes Bust in 11 Months

Luckin Coffee is a Chinese coffee chain, founded in 2017, that had sold American Depositary Shares (ADS) to the US public in an IPO in May 2019, thereby extracting $561 million from US investors. Each...

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Another U.S. IPO of a Chinese Company Goes Bust in 11 Months

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