The Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: BloombergThe Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: Bloomberg
The Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: Bloomberg

China’s regulator’s investigation of Luckin scandal underscores importance of US$7.2 trillion stock market

  • The CSRC’s commitment to cracking down on accounting frauds is aimed at calming the nerves of frayed investors
  • Watchdog pledges to increase the scrutiny of publicly traded companies’ accounts and IPO applicants

Topic |   China economy
The Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: BloombergThe Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: Bloomberg
The Luckin Coffee scandal has got the attention of China’s top level leaders. Photo: Bloomberg
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