Total0 Luckin Coffee files for bankruptcy protection in New York Luckin Coffee filed for bankruptcy protection in New York under Chapter 15 of the US Bankruptcy Law. All the company’s stores in China are still open and providing services to customers, and are expected to have no significant impact on daily operations. Luckin Coffee explained on its official Weibo that filing for bankruptcy protection is an important step in its restructuring plan. Kuaishou shares surge after $5.4 billion IPO in Hong Kong Kuaishou, a Chinese short video app, saw its shares jump after its US$5.4 billion Hong ...