What Lessons can the Luckin Coffee Scandal Offer to Australia–China Cross-Border Listed Companies’ Supervision? Problems and Reform Suggestions in China

نویسندگان

چکیده

The continuous disclosure compliance of Chinese cross-border companies listed in Australia has long been a concern, as are either frequently delisted or rejected by the Australian Securities Exchange. particularity listings generates information asymmetry between securities regulators based out host jurisdiction and home jurisdiction. This then impacts effectiveness jurisdiction’s supervision each company’s compliance. purpose this article is to clarify issues surrounding China shed light on current dilemmas suggest possible reform proposals. Considering similarities markets US Australia, case study example, looks at Luckin Coffee, US-listed company, which created scandal 2020 when it was accused fraud. points relevant lessons for Australia–China supervision.

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ژورنال

عنوان ژورنال: Columbia Journal of Asian Law

سال: 2022

ISSN: ['2373-0498', '1094-8449']

DOI: https://doi.org/10.52214/cjal.v35i2.8932