JPMorgan Cut Its Stake in Luckin Coffee This Year

Barrons | Apr 9, 2020 at 11:30 AM
  • JPMorgan Chase reduced its holdings in the embattled Chinese coffee chain Luckin Coffee by about 9 million American depositary shares to 12.7 million ADSs as of April 3. U.S. trading of Luckin ADSs was halted on April 7 and remained halted on April 8.