BRIEF: Hongjiu Fruit chairman, board members probed for fraud
Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced on Wednesday that its Chairman Deng Hongjiu and five board members are being investigated for various criminal offenses related to suspected loan fraud…
Ex-Luckin duo brew up new Cotti coffee brand after sales scandal
Charles Lu and Jenny Qian, Luckin executives who were ousted in a finance scandal, are back in the coffee business with a fast-growing chain of new stores Key Takeaways: Cotti…
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