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...
Once hailed as a visionary entrepreneur and one of China's richest men, Jia's fall from grace and wealth has been spectacular. He has defied Beijing....
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...