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.
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...
Meet the people behind Luckin Coffee, the institutional investors who fell for the inflated numbers, and the short-sellers who suspected it was too good to...