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Luckin Espresso Inc. (OTCPK:LKNCY) adopted up on a report from the South China Morning Publish a few potential itemizing in Hong Kong.
Luckin assertion: “Luckin Espresso’s administration is concentrated on delivering excellent services to our clients by executing on our enterprise methods. We stay dedicated to the US capital markets and try to boost long-term worth for our shareholders. The Firm will proceed to observe capital markets developments and consider all avenues to ship worth to its stakeholders, however will not be presently pursuing a Hong Kong itemizing.”
Shares of Luckin (OTCPK:LKNCY) reversed after the assertion was issued and are actually down 6.65% after starting off the day in positive territory.
Examine Luckin Espresso’s (OTCPK:LKNCY) plan to accelerate store growth in China.
