The humiliating implosion of Luckin Coffee was supposed to serve as a cautionary tale about the dangers of US-listed Chinese companies. Once the hottest of start-ups, the coffee chain revealed in April that its employees had fabricated many of the sales reported for 2019. Luckin shares crashed 75 per cent in one day. Prospects for mainland companies hoping to raise capital in the US seemed bleak.
瑞幸咖啡(Luckin Coffee)不光彩的自爆被認為是在美國上市的中國企業存在危險性的一個警示。這家咖啡連鎖店曾是最熱門的初創企業之一，但今年4月曝出該公司2019年銷售額的很大一部分系員工捏造。瑞幸的股價在一天內暴跌75%。希望在美國融資的中國內地企業似乎前景黯淡。
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