China's Starbucks wannabe share price plunged

[laksaboy]

Shares of Luckin Coffee, China's Starbucks rival, sink after company says COO fabricated sales
https://www.straitstimes.com/busine...as-starbucks-rival-sink-after-probe-finds-coo


Flashback to May 2019....

GIC-backed Luckin Coffee burns investors in 39% plunge from high after IPO
https://www.straitstimes.com/busine...ns-investors-in-39-plunge-from-high-after-ipo

Since its inception in June 2017, Luckin has quickly expanded into 2,370 stores in 28 cities, with backing from investors including Singapore sovereign wealth fund GIC and China International Capital Corp.

Buy low sell high, opinionated sandal-wearing woman strikes again!

 

[syed putra]

Temasek can easily take over the chain and make it successful. Rebrand it as singha coffee.
Luckin is a stupid name. Sounds like licking.

 

[laksaboy]

Temasek can easily take over the chain and make it successful. Rebrand it as singha coffee.
Luckin is a stupid name. Sounds like licking.

Huawei is a stupid name too, but it has its bunch of diehard fans.

 

[SalahParking]

GIC and Temasek got it so wrong because they bet ALL IN..on the Asian Consumption Story....now everything KAPUT...talk about a prudent gov..all lies

 

[eatshitndie]

if starbucks is starfucks in china, luckin is fuckin in china.

 

[syed putra]

if starbucks is starfucks in china, luckin is fuckin in china.

With a name like that, they should have changed the stupid name a long time ago.

 

[mojito]

GIC and Temasek got it so wrong because they bet ALL IN..on the Asian Consumption Story....now everything KAPUT...talk about a prudent gov..all lies

Lucky every one kenna corona. Bail out for GIC and Temasek linked companies!

 

[Pinkieslut]

 

[Pinkieslut]

jiuhu Kia teach u how to invest

 

[aerobwala]

瑞幸咖啡22亿造假大起底 受益者究竟是谁？

 

[aerobwala]

瑞幸咖啡资本骗局大起底：老板卷走150亿，好兄弟却亏了8000万美金，背后究竟发生了什么？——冲浪普拉斯

 

[hofmann]

LOL there is no such thing as real data from China. Nothing is real.

 

[blackmondy]

This is just a tip of the iceberg. Anyone who wants to knows the real truth should just go watch the Netflix documentary "China Hustle".

 

[laksaboy]

This is just a tip of the iceberg. Anyone who wants to knows the real truth should just go watch the Netflix documentary "China Hustle".

The ang mohs have made three fundamental mistakes:

1) Never make deals with communists.
2) Never make excuses for communists.
3) Never spare communists.

Now the chickens have come to roost.

 

[blackmondy]

The ang mohs have made three fundamental mistakes:

1) Never make deals with communists.
2) Never make excuses for communists.
3) Never spare communists.

Now the chickens have come to roost.

Wall Street is the culprit. They are in cahoots with the CCPee.

 

[laksaboy]

Wall Street is the culprit. They are in cahoots with the CCPee.

Wall Street is the symptom. The true culprit is Henry Kissinger a.k.a. LKY's buddy.

 

[Tony Tan]

ANY IDIOT aspired by Chow Ang Moh dogs Bankrupted Beggars and Eat Chow Ang Moh Shit MUST DIE AND PERISH & become dust & dirt.

 

[blackmondy]

ANY IDIOT aspired by CCPee dogs Bankrupted Beggars and Eat CCPee Shit MUST DIE AND PERISH & become dust & dirt.