Up more than 16%! Ruixing coffee is going back to NASDAQ

$Luckin Coffee (LKNCY.US)$ Two people familiar with the matter disclosed that Ruixing coffee, which is currently listed on the US stock powder market, is studying a plan to re list on Nasdaq, which may be carried out as soon as the end of this year. Ruixing coffee closed up more than 16% at $11.50 in the powder market.