Luckin Coffee files for US IPO

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A patron exits a Luckin Coffee opening in Beijing, China, on Tuesday, Jan. 15, 2019.

China’s Luckin Coffee on Monday filed for an initial open charity with a U.S. Securities and Exchange Commission.

The coffee chain, that intends to list underneath a pitch “LK” on a Nasdaq, set a placeholder volume of $100 million to prove a distance of a IPO, a filing with a regulator showed.

The distance of a IPO settled in rough filings is used to calculate registration fees. The final IPO distance could be different.

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