
Luckin Coffee Shares Plunge After It Resumes Trading on Nasdaq
Luckin Coffee shares took a 36% dive on Wednesday after the company resumed trading on Nasdaq, following a delisting notice from the exchange on grounds of financial fraud.
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Luckin Coffee shares took a 36% dive on Wednesday after the company resumed trading on Nasdaq, following a delisting notice from the exchange on grounds of financial fraud.

The modern form of Chinese top flight football, the Chinese Super League, was officially founded in 2004 in an attempt to rebrand the country’s premier football competition.

Chinese EV maker NIO issued an announcement to sort out the organizational structure of its business development in Europe.

Baidu Cloud Computing (Shunde) Center officially settled in Shunde with a total installed scale of servers exceeding 200,000 units.

Broadcom has acquired VMware for $69 billion. Recently, there have been reports that the Beijing branch of VMware is undergoing trademark changes and personnel adjustments.

The General Administration of Customs of China reported that the export of electric vehicles, lithium batteries, and solar cells reached 264.69 billion yuan ($38 billion) in the first quarter of 2023, a year-on-year increase of 66.9%.

WeChat will launch a consumer credit product called 'WeChat Fenqi (Installment)'. Currently, the product is in a small-scale gray-box testing phase.

Smartphone brand OPPO announced Monday that the launch conference for its K10 series will be held at 14:30 on April 24, and the first related promotional video has been released.

Holoswim 2, the second generation of AR holographic smart swimming goggles developed by Guangli Technology, was launched on overseas crowdfunding platform Kickstarter on August 2.

All vehicles and charging stations across the domestic market will apply network services provided by Chinese telecom operators, and all relevant data will be kept in China.

Alibaba’s annual 11.11 Global Shopping Festival has only just begun and it has already generated $12.0 billion in GMV (84 billion yuan) during the first hour since the event kicked off at midnight.

American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.