{"id":48576,"date":"2025-11-19T08:00:44","date_gmt":"2025-11-19T08:00:44","guid":{"rendered":"https:\/\/daoinsights.com\/?p=48576"},"modified":"2025-11-19T08:01:17","modified_gmt":"2025-11-19T08:01:17","slug":"luckin-coffee-relisting","status":"publish","type":"post","link":"https:\/\/daoinsights.com\/news\/luckin-coffee-relisting\/","title":{"rendered":"Luckin Coffee Relisting: China\u2019s comeback giant eyes a U.S. return\u00a0"},"content":{"rendered":"\n

Big dog in China\u2019s hot drinks game, Luckin Coffee (\u745e\u5e78\u5496\u5561), is gunning for relisting on a U.S. stock exchange. The move comes a full five years after the 2020 accounting-fraud scandal that disgraced the brand and resulted in its delisting from Nasdaq<\/a>.\u00a0<\/p>\n\n\n\n

The company has yet to commit to a timeline, but its leadership is publicly pushing the process. CEO Guo Jinyi told attendees at an entrepreneur gathering in Xiamen that Luckin is \u2018actively pushing the process\u2019 of returning to a U.S. main board, under local government guidance. <\/p>\n\n\n\n

\"Luckin
Image: Rednote\/\u745e\u5e78\u5496\u5561<\/sub><\/figcaption><\/figure>\n\n\n\n

From an accounting perspective, the numbers are strong. In the third quarter of 2025, Luckin delivered revenue up around 50% year-on-year<\/a>. In the same period the chain added more than 3,000 new stores, taking its global network close to 30,000. If you need proof of a comeback, those are figures you can\u2019t underplay.  <\/p>\n\n\n\n

But the relisting road is far from smooth.<\/strong> The U.S. Public Company Accounting Oversight Board (PCAOB) recently sanctioned the Hong Kong-based audit firm Centurion ZD CPA & Co. \u2013 and barred its owner \u2013 for failing to perform proper risk assessments and evidence-gathering in Luckin\u2019s 2021 audit. This could hurt Luckin\u2019s chances. And at a time when U.S. regulatory scrutiny of Chinese companies is unpredictable and governed by deeper political motivations, the comeback bid may be vulnerable to forces well beyond Luckin\u2019s control. \u00a0<\/p>\n\n\n\n

If the Luckin Coffee relisting succeeds, it will serve as a landmark case. It would signal whether U.S. investors are prepared to embrace a high-growth Chinese chain that once collapsed under the weight of its own fraudulent behavior.<\/strong> For now, though, the company appears more focused on breathing new life into stores and growth than delivering investors a calendar. If they carry on at the same rates they\u2019ve done so far this year, they might be a hard prospect to ignore.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Big dog in China\u2019s hot drinks game, Luckin Coffee (\u745e\u5e78\u5496\u5561), is gunning for relisting on a U.S. stock exchange. The move comes a full five years after the 2020 accounting-fraud scandal that disgraced the brand and resulted in its delisting from Nasdaq.\u00a0 The company has yet to commit to a timeline, but its leadership is […]<\/p>\n","protected":false},"author":2,"featured_media":48578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[2],"tags":[69],"class_list":["post-48576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-industries-food-beverage","has-thumbnail"],"acf":[],"yoast_head":"\nLuckin Coffee Relisting: China\u2019s comeback giant eyes a U.S. return\u00a0<\/title>\n<meta name=\"description\" content=\"Luckin coffee seek relisting on the U.S stock exchange after being delisted in 2020. 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