Singkat
Telah dikemas kini

Luckin Coffee - Hard time finding one in China

344
Beyond Technical Analysis

I am back from my 2-week trip to China, where I spent time in Beijing (China's capital), Shanghai, and a few days in Hong Kong.

My experience:
Its presence is non-existent. In terms of how many stores, as well as the quality (size, location, etc.) I saw over there, I found Starbucks to be the most important coffee. Another coffee shop I found to be very attractive was named Costa Coffee.

I also talked with people living in the main parts there, and no one seemed to know, or care about Luckin Coffee.


I would be careful with what news we hear; since before the trip I was expecting to see a Luckin Coffee store in every corner.


Nota
Was not expecting the stock to pummel on fraud news, but China's data is certainly something to be skeptical about.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.