Luckin Coffee investors face wave of forced selling. Photo: Reuters Luckin Coffee investors face wave of forced selling. Photo: Reuters
Luckin Coffee investors face wave of forced selling. Photo: Reuters

Luckin Coffee’s US$400 million convertible bond faces forced selling by index trackers

  • Index providers are poised to follow US Nasdaq’s move to delist Luckin Coffee securities
  • State Street’s US$1.02 billion ETF tracking the Refinitiv index offloads Luckin Coffee bond

Topic |   Banking & Finance
Luckin Coffee investors face wave of forced selling. Photo: Reuters Luckin Coffee investors face wave of forced selling. Photo: Reuters
Luckin Coffee investors face wave of forced selling. Photo: Reuters
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