Scrutiny mounts on China's Luckin Coffee as market regulator inspects

HONG KONG/BEIJING (Reuters) - China's top market regulator has launched an inspection into Luckin Coffee , joining the country's securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals. Dozens of officers from the State Administration for Market Regulation (SAMR) raided Luckin's main office in Beijing on Sunday, staying there from morning to evening that day, a source with direct knowledge of the situation told Reuters...