Luckin Coffee Sales Rise Sixfold

Shares of Luckin Coffee Inc. rose roughly 14% on Wednesday after a Beijing-based coffee chain’s income soared as it combined stores and stretched a offerings over coffee.

The chain, that went open in a U.S. in May, on Wednesday posted third-quarter income of 1.54 billion yuan ($215.7 million), adult some-more than sixfold from a same duration final year.

American…