Through its app, customers can watch their coffee being m

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece.

The ADS, which are trading on Nasdaq under the symbol “LK,” closed at $20.38 after rising as high as $25.96 earlier in the day.

England – Chinese head coach Guan Jianmin said in Manchester on Friday that Bianca Walkden’s controversial victory

over Olympic champion Zheng Shuyin at the World Taekwondo Championships is a big scandal in the sport’s history.

“I cannot believe this could happen during the world championships,” said Guan, also

President of the Chinese Taekwondo Federation. “This is the first time I have seen such kind of thing.”

Zheng, who had beaten Walkden three times in a row, took a dominant lead of 20-10 in the closing stages of the women’s over

73km category final, but the referee disqualified Zheng alleging she had committed 10 fouls during the bout.

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