id	sid	tid	token	lemma	pos
fbem-15376	1	1	frontiers	frontier	NOUN
fbem-15376	1	2	in	in	ADP
fbem-15376	1	3	business	business	NOUN
fbem-15376	1	4	,	,	PUNCT
fbem-15376	1	5	economics	economic	NOUN
fbem-15376	1	6	and	and	CCONJ
fbem-15376	1	7	management	management	NOUN
fbem-15376	1	8	issn	issn	PROPN
fbem-15376	1	9	:	:	PUNCT
fbem-15376	1	10	2766	2766	NUM
fbem-15376	1	11	-	-	PUNCT
fbem-15376	1	12	824x	824x	NUM
fbem-15376	1	13	|	|	ADJ
fbem-15376	1	14	vol	vol	NOUN
fbem-15376	1	15	.	.	PROPN
fbem-15376	1	16	12	12	NUM
fbem-15376	1	17	,	,	PUNCT
fbem-15376	1	18	no	no	INTJ
fbem-15376	1	19	.	.	NOUN
fbem-15376	1	20	3	3	NUM
fbem-15376	1	21	,	,	PUNCT
fbem-15376	1	22	2023	2023	NUM
fbem-15376	1	23	74	74	NUM
fbem-15376	1	24	principles	principle	NOUN
fbem-15376	1	25	and	and	CCONJ
fbem-15376	1	26	economic	economic	ADJ
fbem-15376	1	27	consequences	consequence	NOUN
fbem-15376	1	28	analysis	analysis	NOUN
fbem-15376	1	29	of	of	ADP
fbem-15376	1	30	short‐selling	short‐selling	ADJ
fbem-15376	1	31	mechanisms	mechanism	NOUN
fbem-15376	1	32	for	for	ADP
fbem-15376	1	33	listed	list	VERB
fbem-15376	1	34	companies	company	NOUN
fbem-15376	1	35	from	from	ADP
fbem-15376	1	36	the	the	DET
fbem-15376	1	37	perspective	perspective	NOUN
fbem-15376	1	38	of	of	ADP
fbem-15376	1	39	information	information	NOUN
fbem-15376	1	40	disclosure	disclosure	NOUN
fbem-15376	1	41	:	:	PUNCT
fbem-15376	1	42	a	a	DET
fbem-15376	1	43	case	case	NOUN
fbem-15376	1	44	study	study	NOUN
fbem-15376	1	45	of	of	ADP
fbem-15376	1	46	luckin	luckin	PROPN
fbem-15376	1	47	coffee	coffee	PROPN
fbem-15376	1	48	joseph	joseph	PROPN
fbem-15376	1	49	chen1	chen1	PROPN
fbem-15376	1	50	,	,	PUNCT
fbem-15376	1	51	a	a	DET
fbem-15376	1	52	1millfield	1millfield	NUM
fbem-15376	1	53	school	school	NOUN
fbem-15376	1	54	,	,	PUNCT
fbem-15376	1	55	somerset	somerset	PROPN
fbem-15376	1	56	,	,	PUNCT
fbem-15376	1	57	ta11	ta11	PROPN
fbem-15376	1	58	6az	6az	NOUN
fbem-15376	1	59	,	,	PUNCT
fbem-15376	1	60	united	united	ADJ
fbem-15376	1	61	kingdom	kingdom	PROPN
fbem-15376	1	62	achenqj@millfieldschool.com	achenqj@millfieldschool.com	PUNCT
fbem-15376	2	1	abstract	abstract	ADJ
fbem-15376	2	2	:	:	PUNCT
fbem-15376	2	3	this	this	DET
fbem-15376	2	4	paper	paper	NOUN
fbem-15376	2	5	,	,	PUNCT
fbem-15376	2	6	using	use	VERB
fbem-15376	2	7	luckin	luckin	ADJ
fbem-15376	2	8	coffee	coffee	NOUN
fbem-15376	2	9	as	as	ADP
fbem-15376	2	10	a	a	DET
fbem-15376	2	11	practical	practical	ADJ
fbem-15376	2	12	case	case	NOUN
fbem-15376	2	13	study	study	NOUN
fbem-15376	2	14	,	,	PUNCT
fbem-15376	2	15	explores	explore	VERB
fbem-15376	2	16	the	the	DET
fbem-15376	2	17	principles	principle	NOUN
fbem-15376	2	18	and	and	CCONJ
fbem-15376	2	19	economic	economic	ADJ
fbem-15376	2	20	consequences	consequence	NOUN
fbem-15376	2	21	of	of	ADP
fbem-15376	2	22	short	short	ADJ
fbem-15376	2	23	-	-	PUNCT
fbem-15376	2	24	selling	sell	VERB
fbem-15376	2	25	mechanisms	mechanism	NOUN
fbem-15376	2	26	for	for	ADP
fbem-15376	2	27	listed	list	VERB
fbem-15376	2	28	companies	company	NOUN
fbem-15376	2	29	from	from	ADP
fbem-15376	2	30	the	the	DET
fbem-15376	2	31	perspective	perspective	NOUN
fbem-15376	2	32	of	of	ADP
fbem-15376	2	33	information	information	NOUN
fbem-15376	2	34	disclosure	disclosure	NOUN
fbem-15376	2	35	.	.	PUNCT
fbem-15376	3	1	short	short	ADJ
fbem-15376	3	2	selling	selling	NOUN
fbem-15376	3	3	represents	represent	VERB
fbem-15376	3	4	investors	investor	NOUN
fbem-15376	3	5	predicting	predict	VERB
fbem-15376	3	6	a	a	DET
fbem-15376	3	7	downward	downward	ADJ
fbem-15376	3	8	trend	trend	NOUN
fbem-15376	3	9	in	in	ADP
fbem-15376	3	10	stock	stock	NOUN
fbem-15376	3	11	prices	price	NOUN
fbem-15376	3	12	,	,	PUNCT
fbem-15376	3	13	borrowing	borrow	VERB
fbem-15376	3	14	stocks	stock	NOUN
fbem-15376	3	15	before	before	ADP
fbem-15376	3	16	selling	sell	VERB
fbem-15376	3	17	them	they	PRON
fbem-15376	3	18	when	when	SCONJ
fbem-15376	3	19	prices	price	NOUN
fbem-15376	3	20	fall	fall	VERB
fbem-15376	3	21	,	,	PUNCT
fbem-15376	3	22	and	and	CCONJ
fbem-15376	3	23	profiting	profit	VERB
fbem-15376	3	24	from	from	ADP
fbem-15376	3	25	the	the	DET
fbem-15376	3	26	price	price	NOUN
fbem-15376	3	27	difference	difference	NOUN
fbem-15376	3	28	.	.	PUNCT
fbem-15376	4	1	the	the	DET
fbem-15376	4	2	short	short	ADJ
fbem-15376	4	3	-	-	PUNCT
fbem-15376	4	4	selling	sell	VERB
fbem-15376	4	5	mechanism	mechanism	NOUN
fbem-15376	4	6	diversifies	diversify	VERB
fbem-15376	4	7	the	the	DET
fbem-15376	4	8	entire	entire	ADJ
fbem-15376	4	9	market	market	NOUN
fbem-15376	4	10	and	and	CCONJ
fbem-15376	4	11	serves	serve	VERB
fbem-15376	4	12	as	as	ADP
fbem-15376	4	13	a	a	DET
fbem-15376	4	14	self	self	NOUN
fbem-15376	4	15	-	-	PUNCT
fbem-15376	4	16	cleansing	cleansing	NOUN
fbem-15376	4	17	process	process	NOUN
fbem-15376	4	18	in	in	ADP
fbem-15376	4	19	the	the	DET
fbem-15376	4	20	trading	trading	NOUN
fbem-15376	4	21	market	market	NOUN
fbem-15376	4	22	.	.	PUNCT
fbem-15376	5	1	it	it	PRON
fbem-15376	5	2	efficiently	efficiently	ADV
fbem-15376	5	3	exposes	expose	VERB
fbem-15376	5	4	illegal	illegal	ADJ
fbem-15376	5	5	activities	activity	NOUN
fbem-15376	5	6	and	and	CCONJ
fbem-15376	5	7	regulatory	regulatory	ADJ
fbem-15376	5	8	violations	violation	NOUN
fbem-15376	5	9	of	of	ADP
fbem-15376	5	10	listed	list	VERB
fbem-15376	5	11	companies	company	NOUN
fbem-15376	5	12	to	to	ADP
fbem-15376	5	13	heightened	heighten	VERB
fbem-15376	5	14	market	market	NOUN
fbem-15376	5	15	scrutiny	scrutiny	NOUN
fbem-15376	5	16	through	through	ADP
fbem-15376	5	17	various	various	ADJ
fbem-15376	5	18	means	mean	NOUN
fbem-15376	5	19	,	,	PUNCT
fbem-15376	5	20	effectively	effectively	ADV
fbem-15376	5	21	curbing	curb	VERB
fbem-15376	5	22	such	such	ADJ
fbem-15376	5	23	misconduct	misconduct	NOUN
fbem-15376	5	24	.	.	PUNCT
fbem-15376	6	1	it	it	PRON
fbem-15376	6	2	also	also	ADV
fbem-15376	6	3	allows	allow	VERB
fbem-15376	6	4	investors	investor	NOUN
fbem-15376	6	5	to	to	PART
fbem-15376	6	6	express	express	VERB
fbem-15376	6	7	pessimism	pessimism	NOUN
fbem-15376	6	8	about	about	ADP
fbem-15376	6	9	specific	specific	ADJ
fbem-15376	6	10	markets	market	NOUN
fbem-15376	6	11	and	and	CCONJ
fbem-15376	6	12	stocks	stock	NOUN
fbem-15376	6	13	while	while	SCONJ
fbem-15376	6	14	profiting	profit	VERB
fbem-15376	6	15	from	from	ADP
fbem-15376	6	16	it	it	PRON
fbem-15376	6	17	.	.	PUNCT
fbem-15376	7	1	however	however	ADV
fbem-15376	7	2	,	,	PUNCT
fbem-15376	7	3	the	the	DET
fbem-15376	7	4	short	short	ADJ
fbem-15376	7	5	-	-	PUNCT
fbem-15376	7	6	selling	sell	VERB
fbem-15376	7	7	mechanism	mechanism	NOUN
fbem-15376	7	8	also	also	ADV
fbem-15376	7	9	introduces	introduce	VERB
fbem-15376	7	10	potential	potential	ADJ
fbem-15376	7	11	issues	issue	NOUN
fbem-15376	7	12	.	.	PUNCT
fbem-15376	8	1	in	in	ADP
fbem-15376	8	2	a	a	DET
fbem-15376	8	3	market	market	NOUN
fbem-15376	8	4	like	like	ADP
fbem-15376	8	5	china	china	PROPN
fbem-15376	8	6	,	,	PUNCT
fbem-15376	8	7	which	which	PRON
fbem-15376	8	8	has	have	VERB
fbem-15376	8	9	a	a	DET
fbem-15376	8	10	relatively	relatively	ADV
fbem-15376	8	11	short	short	ADJ
fbem-15376	8	12	stock	stock	NOUN
fbem-15376	8	13	market	market	NOUN
fbem-15376	8	14	history	history	NOUN
fbem-15376	8	15	,	,	PUNCT
fbem-15376	8	16	incomplete	incomplete	ADJ
fbem-15376	8	17	legal	legal	ADJ
fbem-15376	8	18	systems	system	NOUN
fbem-15376	8	19	,	,	PUNCT
fbem-15376	8	20	imperfect	imperfect	ADJ
fbem-15376	8	21	regulations	regulation	NOUN
fbem-15376	8	22	,	,	PUNCT
fbem-15376	8	23	and	and	CCONJ
fbem-15376	8	24	information	information	NOUN
fbem-15376	8	25	asymmetry	asymmetry	NOUN
fbem-15376	8	26	,	,	PUNCT
fbem-15376	8	27	excessive	excessive	ADJ
fbem-15376	8	28	short	short	ADJ
fbem-15376	8	29	-	-	PUNCT
fbem-15376	8	30	selling	sell	VERB
fbem-15376	8	31	pressure	pressure	NOUN
fbem-15376	8	32	can	can	AUX
fbem-15376	8	33	lead	lead	VERB
fbem-15376	8	34	to	to	ADP
fbem-15376	8	35	speculation	speculation	NOUN
fbem-15376	8	36	,	,	PUNCT
fbem-15376	8	37	market	market	NOUN
fbem-15376	8	38	volatility	volatility	NOUN
fbem-15376	8	39	,	,	PUNCT
fbem-15376	8	40	excessive	excessive	ADJ
fbem-15376	8	41	stock	stock	NOUN
fbem-15376	8	42	price	price	NOUN
fbem-15376	8	43	declines	decline	NOUN
fbem-15376	8	44	,	,	PUNCT
fbem-15376	8	45	and	and	CCONJ
fbem-15376	8	46	impacts	impact	NOUN
fbem-15376	8	47	on	on	ADP
fbem-15376	8	48	corporate	corporate	ADJ
fbem-15376	8	49	valuations	valuation	NOUN
fbem-15376	8	50	.	.	PUNCT
fbem-15376	9	1	therefore	therefore	ADV
fbem-15376	9	2	,	,	PUNCT
fbem-15376	9	3	the	the	DET
fbem-15376	9	4	short	short	ADJ
fbem-15376	9	5	-	-	PUNCT
fbem-15376	9	6	selling	sell	VERB
fbem-15376	9	7	mechanism	mechanism	NOUN
fbem-15376	9	8	is	be	AUX
fbem-15376	9	9	a	a	DET
fbem-15376	9	10	double	double	ADJ
fbem-15376	9	11	-	-	PUNCT
fbem-15376	9	12	edged	edge	VERB
fbem-15376	9	13	sword	sword	NOUN
fbem-15376	9	14	for	for	ADP
fbem-15376	9	15	listed	list	VERB
fbem-15376	9	16	companies	company	NOUN
fbem-15376	9	17	,	,	PUNCT
fbem-15376	9	18	beneficial	beneficial	ADJ
fbem-15376	9	19	for	for	ADP
fbem-15376	9	20	market	market	NOUN
fbem-15376	9	21	development	development	NOUN
fbem-15376	9	22	,	,	PUNCT
fbem-15376	9	23	but	but	CCONJ
fbem-15376	9	24	also	also	ADV
fbem-15376	9	25	posing	pose	VERB
fbem-15376	9	26	various	various	ADJ
fbem-15376	9	27	potential	potential	ADJ
fbem-15376	9	28	threats	threat	NOUN
fbem-15376	9	29	.	.	PUNCT
fbem-15376	10	1	adequate	adequate	ADJ
fbem-15376	10	2	information	information	NOUN
fbem-15376	10	3	disclosure	disclosure	NOUN
fbem-15376	10	4	is	be	AUX
fbem-15376	10	5	indispensable	indispensable	ADJ
fbem-15376	10	6	for	for	ADP
fbem-15376	10	7	market	market	NOUN
fbem-15376	10	8	supervision	supervision	NOUN
fbem-15376	10	9	to	to	PART
fbem-15376	10	10	ensure	ensure	VERB
fbem-15376	10	11	positive	positive	ADJ
fbem-15376	10	12	market	market	NOUN
fbem-15376	10	13	growth	growth	NOUN
fbem-15376	10	14	and	and	CCONJ
fbem-15376	10	15	stability	stability	NOUN
fbem-15376	10	16	.	.	PUNCT
fbem-15376	11	1	keywords	keyword	NOUN
fbem-15376	11	2	:	:	PUNCT
fbem-15376	11	3	information	information	NOUN
fbem-15376	11	4	disclosure	disclosure	NOUN
fbem-15376	11	5	,	,	PUNCT
fbem-15376	11	6	short	short	ADJ
fbem-15376	11	7	-	-	PUNCT
fbem-15376	11	8	selling	selling	NOUN
fbem-15376	11	9	,	,	PUNCT
fbem-15376	11	10	listed	list	VERB
fbem-15376	11	11	companies	company	NOUN
fbem-15376	11	12	,	,	PUNCT
fbem-15376	11	13	market	market	NOUN
fbem-15376	11	14	supervision	supervision	NOUN
fbem-15376	11	15	.	.	PUNCT
fbem-15376	12	1	1	1	X
fbem-15376	12	2	.	.	X
fbem-15376	12	3	introduction	introduction	NOUN
fbem-15376	12	4	since	since	SCONJ
fbem-15376	12	5	the	the	DET
fbem-15376	12	6	initiation	initiation	NOUN
fbem-15376	12	7	of	of	ADP
fbem-15376	12	8	stock	stock	NOUN
fbem-15376	12	9	market	market	NOUN
fbem-15376	12	10	reforms	reform	NOUN
fbem-15376	12	11	and	and	CCONJ
fbem-15376	12	12	opening	opening	NOUN
fbem-15376	12	13	in	in	ADP
fbem-15376	12	14	china	china	PROPN
fbem-15376	12	15	in	in	ADP
fbem-15376	12	16	1979	1979	NUM
fbem-15376	12	17	,	,	PUNCT
fbem-15376	12	18	it	it	PRON
fbem-15376	12	19	has	have	AUX
fbem-15376	12	20	undergone	undergo	VERB
fbem-15376	12	21	a	a	DET
fbem-15376	12	22	lengthy	lengthy	ADJ
fbem-15376	12	23	and	and	CCONJ
fbem-15376	12	24	transformative	transformative	ADJ
fbem-15376	12	25	journey	journey	NOUN
fbem-15376	12	26	.	.	PUNCT
fbem-15376	13	1	as	as	ADP
fbem-15376	13	2	of	of	ADP
fbem-15376	13	3	early	early	ADJ
fbem-15376	13	4	june	june	PROPN
fbem-15376	13	5	2023	2023	NUM
fbem-15376	13	6	,	,	PUNCT
fbem-15376	13	7	including	include	VERB
fbem-15376	13	8	the	the	DET
fbem-15376	13	9	shanghai	shanghai	PROPN
fbem-15376	13	10	,	,	PUNCT
fbem-15376	13	11	shenzhen	shenzhen	PROPN
fbem-15376	13	12	,	,	PUNCT
fbem-15376	13	13	and	and	CCONJ
fbem-15376	13	14	beijing	beijing	PROPN
fbem-15376	13	15	stock	stock	NOUN
fbem-15376	13	16	exchanges	exchange	NOUN
fbem-15376	13	17	,	,	PUNCT
fbem-15376	13	18	the	the	DET
fbem-15376	13	19	total	total	ADJ
fbem-15376	13	20	number	number	NOUN
fbem-15376	13	21	of	of	ADP
fbem-15376	13	22	listed	list	VERB
fbem-15376	13	23	companies	company	NOUN
fbem-15376	13	24	in	in	ADP
fbem-15376	13	25	china	china	PROPN
fbem-15376	13	26	has	have	AUX
fbem-15376	13	27	reached	reach	VERB
fbem-15376	13	28	5,192	5,192	NUM
fbem-15376	13	29	.	.	PUNCT
fbem-15376	14	1	the	the	DET
fbem-15376	14	2	total	total	ADJ
fbem-15376	14	3	market	market	NOUN
fbem-15376	14	4	capitalization	capitalization	NOUN
fbem-15376	14	5	of	of	ADP
fbem-15376	14	6	a	a	DET
fbem-15376	14	7	-	-	PUNCT
fbem-15376	14	8	shares	share	NOUN
fbem-15376	14	9	has	have	AUX
fbem-15376	14	10	approached	approach	VERB
fbem-15376	14	11	90	90	NUM
fbem-15376	14	12	trillion	trillion	NUM
fbem-15376	14	13	yuan	yuan	NOUN
fbem-15376	14	14	,	,	PUNCT
fbem-15376	14	15	marking	mark	VERB
fbem-15376	14	16	a	a	DET
fbem-15376	14	17	5.43	5.43	NUM
fbem-15376	14	18	%	%	NOUN
fbem-15376	14	19	increase	increase	NOUN
fbem-15376	14	20	from	from	ADP
fbem-15376	14	21	the	the	DET
fbem-15376	14	22	84.89	84.89	NUM
fbem-15376	14	23	trillion	trillion	NUM
fbem-15376	14	24	yuan	yuan	NOUN
fbem-15376	14	25	at	at	ADP
fbem-15376	14	26	the	the	DET
fbem-15376	14	27	end	end	NOUN
fbem-15376	14	28	of	of	ADP
fbem-15376	14	29	2022	2022	NUM
fbem-15376	14	30	and	and	CCONJ
fbem-15376	14	31	a	a	DET
fbem-15376	14	32	significant	significant	ADJ
fbem-15376	14	33	87.16	87.16	NUM
fbem-15376	14	34	%	%	NOUN
fbem-15376	14	35	growth	growth	NOUN
fbem-15376	14	36	compared	compare	VERB
fbem-15376	14	37	to	to	ADP
fbem-15376	14	38	the	the	DET
fbem-15376	14	39	end	end	NOUN
fbem-15376	14	40	of	of	ADP
fbem-15376	14	41	2018	2018	NUM
fbem-15376	14	42	over	over	ADP
fbem-15376	14	43	the	the	DET
fbem-15376	14	44	past	past	ADJ
fbem-15376	14	45	five	five	NUM
fbem-15376	14	46	years	year	NOUN
fbem-15376	14	47	.	.	PUNCT
fbem-15376	15	1	despite	despite	SCONJ
fbem-15376	15	2	facing	face	VERB
fbem-15376	15	3	multiple	multiple	ADJ
fbem-15376	15	4	pressures	pressure	NOUN
fbem-15376	15	5	and	and	CCONJ
fbem-15376	15	6	the	the	DET
fbem-15376	15	7	influence	influence	NOUN
fbem-15376	15	8	of	of	ADP
fbem-15376	15	9	a	a	DET
fbem-15376	15	10	massive	massive	ADJ
fbem-15376	15	11	market	market	NOUN
fbem-15376	15	12	base	base	NOUN
fbem-15376	15	13	,	,	PUNCT
fbem-15376	15	14	the	the	DET
fbem-15376	15	15	overall	overall	ADJ
fbem-15376	15	16	operational	operational	ADJ
fbem-15376	15	17	growth	growth	NOUN
fbem-15376	15	18	of	of	ADP
fbem-15376	15	19	listed	list	VERB
fbem-15376	15	20	companies	company	NOUN
fbem-15376	15	21	in	in	ADP
fbem-15376	15	22	2022	2022	NUM
fbem-15376	15	23	has	have	AUX
fbem-15376	15	24	slowed	slow	VERB
fbem-15376	15	25	down	down	ADP
fbem-15376	15	26	slightly	slightly	ADV
fbem-15376	15	27	,	,	PUNCT
fbem-15376	15	28	but	but	CCONJ
fbem-15376	15	29	it	it	PRON
fbem-15376	15	30	still	still	ADV
fbem-15376	15	31	maintains	maintain	VERB
fbem-15376	15	32	a	a	DET
fbem-15376	15	33	steady	steady	ADJ
fbem-15376	15	34	growth	growth	NOUN
fbem-15376	15	35	trend	trend	NOUN
fbem-15376	15	36	.	.	PUNCT
fbem-15376	16	1	this	this	PRON
fbem-15376	16	2	demonstrates	demonstrate	VERB
fbem-15376	16	3	the	the	DET
fbem-15376	16	4	resilience	resilience	NOUN
fbem-15376	16	5	of	of	ADP
fbem-15376	16	6	listed	list	VERB
fbem-15376	16	7	companies	company	NOUN
fbem-15376	16	8	as	as	ADP
fbem-15376	16	9	leading	lead	VERB
fbem-15376	16	10	enterprises	enterprise	NOUN
fbem-15376	16	11	in	in	ADP
fbem-15376	16	12	various	various	ADJ
fbem-15376	16	13	industries	industry	NOUN
fbem-15376	16	14	and	and	CCONJ
fbem-15376	16	15	their	their	PRON
fbem-15376	16	16	ability	ability	NOUN
fbem-15376	16	17	to	to	PART
fbem-15376	16	18	achieve	achieve	VERB
fbem-15376	16	19	high	high	ADJ
fbem-15376	16	20	-	-	PUNCT
fbem-15376	16	21	quality	quality	NOUN
fbem-15376	16	22	development	development	NOUN
fbem-15376	16	23	.	.	PUNCT
fbem-15376	17	1	additionally	additionally	ADV
fbem-15376	17	2	,	,	PUNCT
fbem-15376	17	3	with	with	ADP
fbem-15376	17	4	the	the	DET
fbem-15376	17	5	release	release	NOUN
fbem-15376	17	6	of	of	ADP
fbem-15376	17	7	overseas	overseas	ADJ
fbem-15376	17	8	risks	risk	NOUN
fbem-15376	17	9	,	,	PUNCT
fbem-15376	17	10	the	the	DET
fbem-15376	17	11	recovery	recovery	NOUN
fbem-15376	17	12	of	of	ADP
fbem-15376	17	13	the	the	DET
fbem-15376	17	14	domestic	domestic	ADJ
fbem-15376	17	15	economy	economy	NOUN
fbem-15376	17	16	,	,	PUNCT
fbem-15376	17	17	and	and	CCONJ
fbem-15376	17	18	policy	policy	NOUN
fbem-15376	17	19	support	support	NOUN
fbem-15376	17	20	,	,	PUNCT
fbem-15376	17	21	a	a	DET
fbem-15376	17	22	-	-	PUNCT
fbem-15376	17	23	shares	share	NOUN
fbem-15376	17	24	have	have	AUX
fbem-15376	17	25	shown	show	VERB
fbem-15376	17	26	strong	strong	ADJ
fbem-15376	17	27	medium	medium	NOUN
fbem-15376	17	28	to	to	ADP
fbem-15376	17	29	long	long	ADJ
fbem-15376	17	30	-	-	PUNCT
fbem-15376	17	31	term	term	NOUN
fbem-15376	17	32	resilience	resilience	NOUN
fbem-15376	17	33	after	after	ADP
fbem-15376	17	34	recent	recent	ADJ
fbem-15376	17	35	emotional	emotional	ADJ
fbem-15376	17	36	declines	decline	NOUN
fbem-15376	17	37	,	,	PUNCT
fbem-15376	17	38	with	with	ADP
fbem-15376	17	39	many	many	ADJ
fbem-15376	17	40	high	high	ADJ
fbem-15376	17	41	-	-	PUNCT
fbem-15376	17	42	quality	quality	NOUN
fbem-15376	17	43	leading	lead	VERB
fbem-15376	17	44	listed	list	VERB
fbem-15376	17	45	companies	company	NOUN
fbem-15376	17	46	being	be	AUX
fbem-15376	17	47	undervalued	undervalue	VERB
fbem-15376	17	48	.	.	PUNCT
fbem-15376	18	1	although	although	SCONJ
fbem-15376	18	2	all	all	DET
fbem-15376	18	3	the	the	DET
fbem-15376	18	4	conditions	condition	NOUN
fbem-15376	18	5	point	point	VERB
fbem-15376	18	6	to	to	ADP
fbem-15376	18	7	an	an	DET
fbem-15376	18	8	improvement	improvement	NOUN
fbem-15376	18	9	in	in	ADP
fbem-15376	18	10	the	the	DET
fbem-15376	18	11	economic	economic	ADJ
fbem-15376	18	12	situation	situation	NOUN
fbem-15376	18	13	,	,	PUNCT
fbem-15376	18	14	the	the	DET
fbem-15376	18	15	pervasive	pervasive	ADJ
fbem-15376	18	16	problem	problem	NOUN
fbem-15376	18	17	of	of	ADP
fbem-15376	18	18	financial	financial	ADJ
fbem-15376	18	19	fraud	fraud	NOUN
fbem-15376	18	20	,	,	PUNCT
fbem-15376	18	21	which	which	PRON
fbem-15376	18	22	has	have	AUX
fbem-15376	18	23	always	always	ADV
fbem-15376	18	24	been	be	AUX
fbem-15376	18	25	a	a	DET
fbem-15376	18	26	cancer	cancer	NOUN
fbem-15376	18	27	in	in	ADP
fbem-15376	18	28	the	the	DET
fbem-15376	18	29	capital	capital	NOUN
fbem-15376	18	30	market	market	NOUN
fbem-15376	18	31	,	,	PUNCT
fbem-15376	18	32	continues	continue	VERB
fbem-15376	18	33	to	to	PART
fbem-15376	18	34	escalate	escalate	VERB
fbem-15376	18	35	,	,	PUNCT
fbem-15376	18	36	deeply	deeply	ADV
fbem-15376	18	37	harming	harm	VERB
fbem-15376	18	38	the	the	DET
fbem-15376	18	39	stable	stable	ADJ
fbem-15376	18	40	development	development	NOUN
fbem-15376	18	41	of	of	ADP
fbem-15376	18	42	china	china	PROPN
fbem-15376	18	43	's	's	PART
fbem-15376	18	44	capital	capital	NOUN
fbem-15376	18	45	market	market	NOUN
fbem-15376	18	46	and	and	CCONJ
fbem-15376	18	47	the	the	DET
fbem-15376	18	48	common	common	ADJ
fbem-15376	18	49	interests	interest	NOUN
fbem-15376	18	50	of	of	ADP
fbem-15376	18	51	a	a	DET
fbem-15376	18	52	vast	vast	ADJ
fbem-15376	18	53	number	number	NOUN
fbem-15376	18	54	of	of	ADP
fbem-15376	18	55	investors	investor	NOUN
fbem-15376	18	56	.	.	PUNCT
fbem-15376	19	1	2	2	X
fbem-15376	19	2	.	.	X
fbem-15376	19	3	literature	literature	NOUN
fbem-15376	19	4	review	review	VERB
fbem-15376	19	5	2.1	2.1	NUM
fbem-15376	19	6	.	.	PUNCT
fbem-15376	20	1	principles	principle	NOUN
fbem-15376	20	2	of	of	ADP
fbem-15376	20	3	short	short	ADJ
fbem-15376	20	4	-	-	PUNCT
fbem-15376	20	5	selling	sell	VERB
fbem-15376	20	6	mechanism	mechanism	NOUN
fbem-15376	20	7	the	the	DET
fbem-15376	20	8	short	short	ADJ
fbem-15376	20	9	-	-	PUNCT
fbem-15376	20	10	selling	sell	VERB
fbem-15376	20	11	mechanism	mechanism	NOUN
fbem-15376	20	12	is	be	AUX
fbem-15376	20	13	a	a	DET
fbem-15376	20	14	financial	financial	ADJ
fbem-15376	20	15	strategy	strategy	NOUN
fbem-15376	20	16	enabling	enable	VERB
fbem-15376	20	17	investors	investor	NOUN
fbem-15376	20	18	to	to	PART
fbem-15376	20	19	profit	profit	VERB
fbem-15376	20	20	when	when	SCONJ
fbem-15376	20	21	the	the	DET
fbem-15376	20	22	market	market	NOUN
fbem-15376	20	23	is	be	AUX
fbem-15376	20	24	declining	decline	VERB
fbem-15376	20	25	.	.	PUNCT
fbem-15376	21	1	it	it	PRON
fbem-15376	21	2	involves	involve	VERB
fbem-15376	21	3	borrowing	borrow	VERB
fbem-15376	21	4	assets	asset	NOUN
fbem-15376	21	5	from	from	ADP
fbem-15376	21	6	a	a	DET
fbem-15376	21	7	brokerage	brokerage	NOUN
fbem-15376	21	8	,	,	PUNCT
fbem-15376	21	9	selling	sell	VERB
fbem-15376	21	10	them	they	PRON
fbem-15376	21	11	at	at	ADP
fbem-15376	21	12	the	the	DET
fbem-15376	21	13	current	current	ADJ
fbem-15376	21	14	price	price	NOUN
fbem-15376	21	15	,	,	PUNCT
fbem-15376	21	16	and	and	CCONJ
fbem-15376	21	17	later	later	ADV
fbem-15376	21	18	repurchasing	repurchase	VERB
fbem-15376	21	19	them	they	PRON
fbem-15376	21	20	at	at	ADP
fbem-15376	21	21	a	a	DET
fbem-15376	21	22	lower	low	ADJ
fbem-15376	21	23	price	price	NOUN
fbem-15376	21	24	to	to	PART
fbem-15376	21	25	return	return	VERB
fbem-15376	21	26	to	to	ADP
fbem-15376	21	27	the	the	DET
fbem-15376	21	28	brokerage	brokerage	NOUN
fbem-15376	21	29	,	,	PUNCT
fbem-15376	21	30	thereby	thereby	ADV
fbem-15376	21	31	capitalizing	capitalize	VERB
fbem-15376	21	32	on	on	ADP
fbem-15376	21	33	the	the	DET
fbem-15376	21	34	price	price	NOUN
fbem-15376	21	35	difference	difference	NOUN
fbem-15376	21	36	.	.	PUNCT
fbem-15376	22	1	this	this	DET
fbem-15376	22	2	mechanism	mechanism	NOUN
fbem-15376	22	3	provides	provide	VERB
fbem-15376	22	4	investors	investor	NOUN
fbem-15376	22	5	with	with	ADP
fbem-15376	22	6	a	a	DET
fbem-15376	22	7	means	means	NOUN
fbem-15376	22	8	to	to	PART
fbem-15376	22	9	hedge	hedge	VERB
fbem-15376	22	10	against	against	ADP
fbem-15376	22	11	market	market	NOUN
fbem-15376	22	12	risks	risk	NOUN
fbem-15376	22	13	,	,	PUNCT
fbem-15376	22	14	balancing	balance	VERB
fbem-15376	22	15	bullish	bullish	ADJ
fbem-15376	22	16	and	and	CCONJ
fbem-15376	22	17	bearish	bearish	ADJ
fbem-15376	22	18	sentiments	sentiment	NOUN
fbem-15376	22	19	to	to	PART
fbem-15376	22	20	maintain	maintain	VERB
fbem-15376	22	21	market	market	NOUN
fbem-15376	22	22	stability	stability	NOUN
fbem-15376	22	23	.	.	PUNCT
fbem-15376	23	1	2.2	2.2	NUM
fbem-15376	23	2	.	.	PUNCT
fbem-15376	23	3	importance	importance	NOUN
fbem-15376	23	4	of	of	ADP
fbem-15376	23	5	information	information	NOUN
fbem-15376	23	6	disclosure	disclosure	NOUN
fbem-15376	23	7	information	information	NOUN
fbem-15376	23	8	disclosure	disclosure	NOUN
fbem-15376	23	9	mandates	mandate	NOUN
fbem-15376	23	10	publicly	publicly	ADV
fbem-15376	23	11	listed	list	VERB
fbem-15376	23	12	companies	company	NOUN
fbem-15376	23	13	to	to	PART
fbem-15376	23	14	share	share	VERB
fbem-15376	23	15	relevant	relevant	ADJ
fbem-15376	23	16	information	information	NOUN
fbem-15376	23	17	with	with	ADP
fbem-15376	23	18	the	the	DET
fbem-15376	23	19	public	public	NOUN
fbem-15376	23	20	,	,	PUNCT
fbem-15376	23	21	ensuring	ensure	VERB
fbem-15376	23	22	investor	investor	NOUN
fbem-15376	23	23	access	access	NOUN
fbem-15376	23	24	to	to	ADP
fbem-15376	23	25	information	information	NOUN
fbem-15376	23	26	and	and	CCONJ
fbem-15376	23	27	fair	fair	ADJ
fbem-15376	23	28	trading	trading	NOUN
fbem-15376	23	29	.	.	PUNCT
fbem-15376	24	1	transparent	transparent	ADJ
fbem-15376	24	2	information	information	NOUN
fbem-15376	24	3	disclosure	disclosure	NOUN
fbem-15376	24	4	is	be	AUX
fbem-15376	24	5	crucial	crucial	ADJ
fbem-15376	24	6	for	for	ADP
fbem-15376	24	7	several	several	ADJ
fbem-15376	24	8	reasons	reason	NOUN
fbem-15376	24	9	:	:	PUNCT
fbem-15376	24	10	informed	inform	VERB
fbem-15376	24	11	decision	decision	NOUN
fbem-15376	24	12	-	-	PUNCT
fbem-15376	24	13	making	making	NOUN
fbem-15376	24	14	.	.	PUNCT
fbem-15376	25	1	transparent	transparent	ADJ
fbem-15376	25	2	disclosure	disclosure	NOUN
fbem-15376	25	3	offers	offer	VERB
fbem-15376	25	4	investors	investor	NOUN
fbem-15376	25	5	genuine	genuine	ADJ
fbem-15376	25	6	and	and	CCONJ
fbem-15376	25	7	accurate	accurate	ADJ
fbem-15376	25	8	insights	insight	NOUN
fbem-15376	25	9	into	into	ADP
fbem-15376	25	10	a	a	DET
fbem-15376	25	11	company	company	NOUN
fbem-15376	25	12	's	's	PART
fbem-15376	25	13	financial	financial	ADJ
fbem-15376	25	14	performance	performance	NOUN
fbem-15376	25	15	.	.	PUNCT
fbem-15376	26	1	this	this	PRON
fbem-15376	26	2	helps	help	VERB
fbem-15376	26	3	investors	investor	NOUN
fbem-15376	26	4	make	make	VERB
fbem-15376	26	5	wellinformed	wellinforme	VERB
fbem-15376	26	6	investment	investment	NOUN
fbem-15376	26	7	decisions	decision	NOUN
fbem-15376	26	8	based	base	VERB
fbem-15376	26	9	on	on	ADP
fbem-15376	26	10	a	a	DET
fbem-15376	26	11	company	company	NOUN
fbem-15376	26	12	's	's	PART
fbem-15376	26	13	financial	financial	ADJ
fbem-15376	26	14	statements	statement	NOUN
fbem-15376	26	15	,	,	PUNCT
fbem-15376	26	16	performance	performance	NOUN
fbem-15376	26	17	,	,	PUNCT
fbem-15376	26	18	and	and	CCONJ
fbem-15376	26	19	forecasts	forecast	NOUN
fbem-15376	26	20	.	.	PUNCT
fbem-15376	27	1	enhanced	enhance	VERB
fbem-15376	27	2	investor	investor	NOUN
fbem-15376	27	3	confidence	confidence	NOUN
fbem-15376	27	4	.	.	PUNCT
fbem-15376	28	1	maintaining	maintain	VERB
fbem-15376	28	2	transparent	transparent	ADJ
fbem-15376	28	3	communication	communication	NOUN
fbem-15376	28	4	with	with	ADP
fbem-15376	28	5	investors	investor	NOUN
fbem-15376	28	6	boosts	boost	VERB
fbem-15376	28	7	their	their	PRON
fbem-15376	28	8	confidence	confidence	NOUN
fbem-15376	28	9	.	.	PUNCT
fbem-15376	29	1	when	when	SCONJ
fbem-15376	29	2	companies	company	NOUN
fbem-15376	29	3	provide	provide	VERB
fbem-15376	29	4	clear	clear	ADJ
fbem-15376	29	5	and	and	CCONJ
fbem-15376	29	6	timely	timely	ADJ
fbem-15376	29	7	information	information	NOUN
fbem-15376	29	8	,	,	PUNCT
fbem-15376	29	9	investors	investor	NOUN
fbem-15376	29	10	feel	feel	VERB
fbem-15376	29	11	more	more	ADV
fbem-15376	29	12	secure	secure	ADJ
fbem-15376	29	13	in	in	ADP
fbem-15376	29	14	their	their	PRON
fbem-15376	29	15	investments	investment	NOUN
fbem-15376	29	16	,	,	PUNCT
fbem-15376	29	17	reducing	reduce	VERB
fbem-15376	29	18	concerns	concern	NOUN
fbem-15376	29	19	about	about	ADP
fbem-15376	29	20	uncertainties	uncertainty	NOUN
fbem-15376	29	21	and	and	CCONJ
fbem-15376	29	22	improving	improve	VERB
fbem-15376	29	23	market	market	NOUN
fbem-15376	29	24	transparency	transparency	NOUN
fbem-15376	29	25	.	.	PUNCT
fbem-15376	30	1	market	market	NOUN
fbem-15376	30	2	efficiency	efficiency	NOUN
fbem-15376	30	3	.	.	PUNCT
fbem-15376	31	1	access	access	NOUN
fbem-15376	31	2	to	to	ADP
fbem-15376	31	3	comprehensive	comprehensive	ADJ
fbem-15376	31	4	information	information	NOUN
fbem-15376	31	5	empowers	empower	VERB
fbem-15376	31	6	investors	investor	NOUN
fbem-15376	31	7	to	to	PART
fbem-15376	31	8	predict	predict	VERB
fbem-15376	31	9	market	market	NOUN
fbem-15376	31	10	trends	trend	NOUN
fbem-15376	31	11	more	more	ADV
fbem-15376	31	12	accurately	accurately	ADV
fbem-15376	31	13	,	,	PUNCT
fbem-15376	31	14	enhancing	enhance	VERB
fbem-15376	31	15	market	market	NOUN
fbem-15376	31	16	efficiency	efficiency	NOUN
fbem-15376	31	17	and	and	CCONJ
fbem-15376	31	18	effectiveness	effectiveness	NOUN
fbem-15376	31	19	.	.	PUNCT
fbem-15376	32	1	in	in	ADP
fbem-15376	32	2	conclusion	conclusion	NOUN
fbem-15376	32	3	,	,	PUNCT
fbem-15376	32	4	both	both	CCONJ
fbem-15376	32	5	the	the	DET
fbem-15376	32	6	short	short	ADJ
fbem-15376	32	7	-	-	PUNCT
fbem-15376	32	8	selling	sell	VERB
fbem-15376	32	9	mechanism	mechanism	NOUN
fbem-15376	32	10	and	and	CCONJ
fbem-15376	32	11	information	information	NOUN
fbem-15376	32	12	disclosure	disclosure	NOUN
fbem-15376	32	13	are	be	AUX
fbem-15376	32	14	integral	integral	ADJ
fbem-15376	32	15	to	to	ADP
fbem-15376	32	16	financial	financial	ADJ
fbem-15376	32	17	markets	market	NOUN
fbem-15376	32	18	.	.	PUNCT
fbem-15376	33	1	short	short	ADJ
fbem-15376	33	2	selling	selling	NOUN
fbem-15376	33	3	allows	allow	VERB
fbem-15376	33	4	for	for	ADP
fbem-15376	33	5	diverse	diverse	ADJ
fbem-15376	33	6	investment	investment	NOUN
fbem-15376	33	7	strategies	strategy	NOUN
fbem-15376	33	8	and	and	CCONJ
fbem-15376	33	9	market	market	NOUN
fbem-15376	33	10	stability	stability	NOUN
fbem-15376	33	11	,	,	PUNCT
fbem-15376	33	12	while	while	SCONJ
fbem-15376	33	13	information	information	NOUN
fbem-15376	33	14	disclosure	disclosure	NOUN
fbem-15376	33	15	ensures	ensure	VERB
fbem-15376	33	16	investors	investor	NOUN
fbem-15376	33	17	have	have	VERB
fbem-15376	33	18	the	the	DET
fbem-15376	33	19	information	information	NOUN
fbem-15376	33	20	needed	need	VERB
fbem-15376	33	21	for	for	ADP
fbem-15376	33	22	informed	informed	ADJ
fbem-15376	33	23	decisions	decision	NOUN
fbem-15376	33	24	,	,	PUNCT
fbem-15376	33	25	thereby	thereby	ADV
fbem-15376	33	26	contributing	contribute	VERB
fbem-15376	33	27	to	to	ADP
fbem-15376	33	28	market	market	NOUN
fbem-15376	33	29	transparency	transparency	NOUN
fbem-15376	33	30	and	and	CCONJ
fbem-15376	33	31	efficiency	efficiency	NOUN
fbem-15376	33	32	.	.	PUNCT
fbem-15376	34	1	these	these	DET
fbem-15376	34	2	mechanisms	mechanism	NOUN
fbem-15376	34	3	jointly	jointly	ADV
fbem-15376	34	4	support	support	VERB
fbem-15376	34	5	the	the	DET
fbem-15376	34	6	healthy	healthy	ADJ
fbem-15376	34	7	development	development	NOUN
fbem-15376	34	8	of	of	ADP
fbem-15376	34	9	75	75	NUM
fbem-15376	34	10	financial	financial	ADJ
fbem-15376	34	11	markets	market	NOUN
fbem-15376	34	12	.	.	PUNCT
fbem-15376	35	1	3	3	X
fbem-15376	35	2	.	.	X
fbem-15376	35	3	luckin	luckin	PROPN
fbem-15376	35	4	coffee	coffee	PROPN
fbem-15376	35	5	case	case	NOUN
fbem-15376	35	6	study	study	NOUN
fbem-15376	35	7	3.1	3.1	NUM
fbem-15376	35	8	.	.	PUNCT
fbem-15376	36	1	introduction	introduction	NOUN
fbem-15376	36	2	to	to	ADP
fbem-15376	36	3	luckin	luckin	PROPN
fbem-15376	36	4	coffee	coffee	PROPN
fbem-15376	36	5	luckin	luckin	PROPN
fbem-15376	36	6	coffee	coffee	NOUN
fbem-15376	36	7	,	,	PUNCT
fbem-15376	36	8	a	a	DET
fbem-15376	36	9	chinese	chinese	ADJ
fbem-15376	36	10	coffee	coffee	NOUN
fbem-15376	36	11	chain	chain	NOUN
fbem-15376	36	12	established	establish	VERB
fbem-15376	36	13	in	in	ADP
fbem-15376	36	14	2018	2018	NUM
fbem-15376	36	15	with	with	ADP
fbem-15376	36	16	over	over	ADP
fbem-15376	36	17	10,000	10,000	NUM
fbem-15376	36	18	outlets	outlet	NOUN
fbem-15376	36	19	,	,	PUNCT
fbem-15376	36	20	aimed	aim	VERB
fbem-15376	36	21	to	to	PART
fbem-15376	36	22	provide	provide	VERB
fbem-15376	36	23	affordable	affordable	ADJ
fbem-15376	36	24	and	and	CCONJ
fbem-15376	36	25	high	high	ADJ
fbem-15376	36	26	-	-	PUNCT
fbem-15376	36	27	quality	quality	NOUN
fbem-15376	36	28	coffee	coffee	NOUN
fbem-15376	36	29	to	to	ADP
fbem-15376	36	30	its	its	PRON
fbem-15376	36	31	customers	customer	NOUN
fbem-15376	36	32	.	.	PUNCT
fbem-15376	37	1	however	however	ADV
fbem-15376	37	2	,	,	PUNCT
fbem-15376	37	3	what	what	PRON
fbem-15376	37	4	began	begin	VERB
fbem-15376	37	5	as	as	ADP
fbem-15376	37	6	a	a	DET
fbem-15376	37	7	promising	promising	ADJ
fbem-15376	37	8	venture	venture	NOUN
fbem-15376	37	9	turned	turn	VERB
fbem-15376	37	10	into	into	ADP
fbem-15376	37	11	a	a	DET
fbem-15376	37	12	massive	massive	ADJ
fbem-15376	37	13	fraud	fraud	NOUN
fbem-15376	37	14	.	.	PUNCT
fbem-15376	38	1	in	in	ADP
fbem-15376	38	2	january	january	PROPN
fbem-15376	38	3	2020	2020	NUM
fbem-15376	38	4	,	,	PUNCT
fbem-15376	38	5	renowned	renowned	ADJ
fbem-15376	38	6	short	short	ADJ
fbem-15376	38	7	-	-	PUNCT
fbem-15376	38	8	selling	sell	VERB
fbem-15376	38	9	firm	firm	ADJ
fbem-15376	38	10	muddy	muddy	ADJ
fbem-15376	38	11	waters	water	NOUN
fbem-15376	38	12	received	receive	VERB
fbem-15376	38	13	an	an	DET
fbem-15376	38	14	anonymous	anonymous	ADJ
fbem-15376	38	15	89	89	NUM
fbem-15376	38	16	-	-	PUNCT
fbem-15376	38	17	page	page	NOUN
fbem-15376	38	18	report	report	NOUN
fbem-15376	38	19	accusing	accuse	VERB
fbem-15376	38	20	luckin	luckin	ADJ
fbem-15376	38	21	coffee	coffee	NOUN
fbem-15376	38	22	of	of	ADP
fbem-15376	38	23	data	datum	NOUN
fbem-15376	38	24	falsification	falsification	NOUN
fbem-15376	38	25	.	.	PUNCT
fbem-15376	39	1	while	while	SCONJ
fbem-15376	39	2	the	the	DET
fbem-15376	39	3	company	company	NOUN
fbem-15376	39	4	initially	initially	ADV
fbem-15376	39	5	denied	deny	VERB
fbem-15376	39	6	these	these	DET
fbem-15376	39	7	allegations	allegation	NOUN
fbem-15376	39	8	on	on	ADP
fbem-15376	39	9	february	february	PROPN
fbem-15376	39	10	3	3	NUM
fbem-15376	39	11	,	,	PUNCT
fbem-15376	39	12	the	the	DET
fbem-15376	39	13	truth	truth	NOUN
fbem-15376	39	14	emerged	emerge	VERB
fbem-15376	39	15	on	on	ADP
fbem-15376	39	16	april	april	PROPN
fbem-15376	39	17	4	4	NUM
fbem-15376	39	18	when	when	SCONJ
fbem-15376	39	19	it	it	PRON
fbem-15376	39	20	admitted	admit	VERB
fbem-15376	39	21	to	to	ADP
fbem-15376	39	22	fabricating	fabricate	VERB
fbem-15376	39	23	sales	sale	NOUN
fbem-15376	39	24	figures	figure	NOUN
fbem-15376	39	25	of	of	ADP
fbem-15376	39	26	2.2	2.2	NUM
fbem-15376	39	27	billion	billion	NUM
fbem-15376	39	28	yuan	yuan	NOUN
fbem-15376	39	29	.	.	PUNCT
fbem-15376	40	1	consequently	consequently	ADV
fbem-15376	40	2	,	,	PUNCT
fbem-15376	40	3	its	its	PRON
fbem-15376	40	4	stock	stock	NOUN
fbem-15376	40	5	price	price	NOUN
fbem-15376	40	6	plummeted	plummet	VERB
fbem-15376	40	7	by	by	ADP
fbem-15376	40	8	85	85	NUM
fbem-15376	40	9	%	%	NOUN
fbem-15376	40	10	,	,	PUNCT
fbem-15376	40	11	closing	close	VERB
fbem-15376	40	12	at	at	ADP
fbem-15376	40	13	$	$	SYM
fbem-15376	40	14	5.38	5.38	NUM
fbem-15376	40	15	.	.	PUNCT
fbem-15376	41	1	the	the	DET
fbem-15376	41	2	china	china	PROPN
fbem-15376	41	3	securities	securities	PROPN
fbem-15376	41	4	regulatory	regulatory	PROPN
fbem-15376	41	5	commission	commission	PROPN
fbem-15376	41	6	strongly	strongly	ADV
fbem-15376	41	7	condemned	condemn	VERB
fbem-15376	41	8	luckin	luckin	ADJ
fbem-15376	41	9	coffee	coffee	NOUN
fbem-15376	41	10	for	for	ADP
fbem-15376	41	11	its	its	PRON
fbem-15376	41	12	financial	financial	ADJ
fbem-15376	41	13	fraud	fraud	NOUN
fbem-15376	41	14	.	.	PUNCT
fbem-15376	42	1	in	in	ADP
fbem-15376	42	2	june	june	PROPN
fbem-15376	42	3	2020	2020	NUM
fbem-15376	42	4	,	,	PUNCT
fbem-15376	42	5	the	the	DET
fbem-15376	42	6	company	company	NOUN
fbem-15376	42	7	announced	announce	VERB
fbem-15376	42	8	its	its	PRON
fbem-15376	42	9	suspension	suspension	NOUN
fbem-15376	42	10	of	of	ADP
fbem-15376	42	11	trading	trading	NOUN
fbem-15376	42	12	on	on	ADP
fbem-15376	42	13	nasdaq	nasdaq	PROPN
fbem-15376	42	14	and	and	CCONJ
fbem-15376	42	15	began	begin	VERB
fbem-15376	42	16	the	the	DET
fbem-15376	42	17	delisting	delisting	NOUN
fbem-15376	42	18	process	process	NOUN
fbem-15376	42	19	.	.	PUNCT
fbem-15376	43	1	an	an	DET
fbem-15376	43	2	inspection	inspection	NOUN
fbem-15376	43	3	by	by	ADP
fbem-15376	43	4	the	the	DET
fbem-15376	43	5	ministry	ministry	PROPN
fbem-15376	43	6	of	of	ADP
fbem-15376	43	7	finance	finance	PROPN
fbem-15376	43	8	later	later	ADV
fbem-15376	43	9	revealed	reveal	VERB
fbem-15376	43	10	that	that	SCONJ
fbem-15376	43	11	luckin	luckin	ADJ
fbem-15376	43	12	coffee	coffee	NOUN
fbem-15376	43	13	inflated	inflate	VERB
fbem-15376	43	14	its	its	PRON
fbem-15376	43	15	revenue	revenue	NOUN
fbem-15376	43	16	by	by	ADP
fbem-15376	43	17	2.246	2.246	NUM
fbem-15376	43	18	billion	billion	NUM
fbem-15376	43	19	yuan	yuan	NOUN
fbem-15376	43	20	through	through	ADP
fbem-15376	43	21	fictitious	fictitious	ADJ
fbem-15376	43	22	voucher	voucher	ADJ
fbem-15376	43	23	transactions	transaction	NOUN
fbem-15376	43	24	from	from	ADP
fbem-15376	43	25	april	april	PROPN
fbem-15376	43	26	to	to	ADP
fbem-15376	43	27	december	december	PROPN
fbem-15376	43	28	2019	2019	NUM
fbem-15376	43	29	.	.	PUNCT
fbem-15376	44	1	in	in	ADP
fbem-15376	44	2	september	september	PROPN
fbem-15376	44	3	,	,	PUNCT
fbem-15376	44	4	the	the	DET
fbem-15376	44	5	state	state	NOUN
fbem-15376	44	6	administration	administration	NOUN
fbem-15376	44	7	for	for	ADP
fbem-15376	44	8	market	market	NOUN
fbem-15376	44	9	regulation	regulation	NOUN
fbem-15376	44	10	and	and	CCONJ
fbem-15376	44	11	market	market	NOUN
fbem-15376	44	12	supervision	supervision	NOUN
fbem-15376	44	13	departments	department	NOUN
fbem-15376	44	14	in	in	ADP
fbem-15376	44	15	shanghai	shanghai	PROPN
fbem-15376	44	16	and	and	CCONJ
fbem-15376	44	17	beijing	beijing	PROPN
fbem-15376	44	18	imposed	impose	VERB
fbem-15376	44	19	administrative	administrative	ADJ
fbem-15376	44	20	penalties	penalty	NOUN
fbem-15376	44	21	on	on	ADP
fbem-15376	44	22	the	the	DET
fbem-15376	44	23	company	company	NOUN
fbem-15376	44	24	.	.	PUNCT
fbem-15376	45	1	in	in	ADP
fbem-15376	45	2	december	december	PROPN
fbem-15376	45	3	,	,	PUNCT
fbem-15376	45	4	the	the	DET
fbem-15376	45	5	u.s	u.s	PROPN
fbem-15376	45	6	.	.	PROPN
fbem-15376	45	7	securities	securities	PROPN
fbem-15376	45	8	and	and	CCONJ
fbem-15376	45	9	exchange	exchange	PROPN
fbem-15376	45	10	commission	commission	PROPN
fbem-15376	45	11	(	(	PUNCT
fbem-15376	45	12	sec	sec	PROPN
fbem-15376	45	13	)	)	PUNCT
fbem-15376	45	14	announced	announce	VERB
fbem-15376	45	15	a	a	DET
fbem-15376	45	16	settlement	settlement	NOUN
fbem-15376	45	17	,	,	PUNCT
fbem-15376	45	18	requiring	require	VERB
fbem-15376	45	19	luckin	luckin	ADJ
fbem-15376	45	20	coffee	coffee	NOUN
fbem-15376	45	21	to	to	PART
fbem-15376	45	22	pay	pay	VERB
fbem-15376	45	23	a	a	DET
fbem-15376	45	24	fine	fine	NOUN
fbem-15376	45	25	of	of	ADP
fbem-15376	45	26	$	$	SYM
fbem-15376	45	27	180	180	NUM
fbem-15376	45	28	million	million	NUM
fbem-15376	45	29	(	(	PUNCT
fbem-15376	45	30	approximately	approximately	ADV
fbem-15376	45	31	1.177	1.177	NUM
fbem-15376	45	32	billion	billion	NUM
fbem-15376	45	33	yuan	yuan	NOUN
fbem-15376	45	34	)	)	PUNCT
fbem-15376	45	35	in	in	ADP
fbem-15376	45	36	response	response	NOUN
fbem-15376	45	37	to	to	ADP
fbem-15376	45	38	various	various	ADJ
fbem-15376	45	39	charges	charge	NOUN
fbem-15376	45	40	.	.	PUNCT
fbem-15376	46	1	this	this	DET
fbem-15376	46	2	case	case	NOUN
fbem-15376	46	3	serves	serve	VERB
fbem-15376	46	4	as	as	ADP
fbem-15376	46	5	a	a	DET
fbem-15376	46	6	cautionary	cautionary	ADJ
fbem-15376	46	7	tale	tale	NOUN
fbem-15376	46	8	of	of	ADP
fbem-15376	46	9	a	a	DET
fbem-15376	46	10	promising	promise	VERB
fbem-15376	46	11	company	company	NOUN
fbem-15376	46	12	's	's	PART
fbem-15376	46	13	fall	fall	NOUN
fbem-15376	46	14	from	from	ADP
fbem-15376	46	15	grace	grace	NOUN
fbem-15376	46	16	due	due	ADP
fbem-15376	46	17	to	to	ADP
fbem-15376	46	18	fraudulent	fraudulent	ADJ
fbem-15376	46	19	practices	practice	NOUN
fbem-15376	46	20	.	.	PUNCT
fbem-15376	47	1	[	[	X
fbem-15376	47	2	1	1	NUM
fbem-15376	47	3	-	-	SYM
fbem-15376	47	4	3	3	NUM
fbem-15376	47	5	]	]	SYM
fbem-15376	47	6	3.2	3.2	NUM
fbem-15376	47	7	.	.	PUNCT
fbem-15376	47	8	reasons	reason	NOUN
fbem-15376	47	9	for	for	ADP
fbem-15376	47	10	financial	financial	ADJ
fbem-15376	47	11	fraud	fraud	NOUN
fbem-15376	47	12	at	at	ADP
fbem-15376	47	13	luckin	luckin	PROPN
fbem-15376	47	14	coffee	coffee	PROPN
fbem-15376	47	15	3.2.1	3.2.1	NUM
fbem-15376	47	16	.	.	PUNCT
fbem-15376	47	17	market	market	NOUN
fbem-15376	47	18	positioning	positioning	NOUN
fbem-15376	47	19	misalignment	misalignment	NOUN
fbem-15376	47	20	.	.	PUNCT
fbem-15376	48	1	luckin	luckin	PROPN
fbem-15376	48	2	coffee	coffee	PROPN
fbem-15376	48	3	's	's	PART
fbem-15376	48	4	ceo	ceo	NOUN
fbem-15376	48	5	believed	believe	VERB
fbem-15376	48	6	there	there	PRON
fbem-15376	48	7	was	be	VERB
fbem-15376	48	8	strong	strong	ADJ
fbem-15376	48	9	demand	demand	NOUN
fbem-15376	48	10	for	for	ADP
fbem-15376	48	11	caffeine	caffeine	NOUN
fbem-15376	48	12	among	among	ADP
fbem-15376	48	13	chinese	chinese	ADJ
fbem-15376	48	14	youth	youth	NOUN
fbem-15376	48	15	.	.	PUNCT
fbem-15376	49	1	however	however	ADV
fbem-15376	49	2	,	,	PUNCT
fbem-15376	49	3	the	the	DET
fbem-15376	49	4	market	market	NOUN
fbem-15376	49	5	for	for	ADP
fbem-15376	49	6	caffeine	caffeine	NOUN
fbem-15376	49	7	in	in	ADP
fbem-15376	49	8	china	china	PROPN
fbem-15376	49	9	was	be	AUX
fbem-15376	49	10	not	not	PART
fbem-15376	49	11	limited	limit	VERB
fbem-15376	49	12	to	to	ADP
fbem-15376	49	13	coffee	coffee	NOUN
fbem-15376	49	14	,	,	PUNCT
fbem-15376	49	15	as	as	SCONJ
fbem-15376	49	16	tea	tea	NOUN
fbem-15376	49	17	held	hold	VERB
fbem-15376	49	18	a	a	DET
fbem-15376	49	19	more	more	ADV
fbem-15376	49	20	significant	significant	ADJ
fbem-15376	49	21	cultural	cultural	ADJ
fbem-15376	49	22	importance	importance	NOUN
fbem-15376	49	23	with	with	ADP
fbem-15376	49	24	thousands	thousand	NOUN
fbem-15376	49	25	of	of	ADP
fbem-15376	49	26	years	year	NOUN
fbem-15376	49	27	of	of	ADP
fbem-15376	49	28	history	history	NOUN
fbem-15376	49	29	.	.	PUNCT
fbem-15376	50	1	coffee	coffee	NOUN
fbem-15376	50	2	had	have	VERB
fbem-15376	50	3	a	a	DET
fbem-15376	50	4	relatively	relatively	ADV
fbem-15376	50	5	small	small	ADJ
fbem-15376	50	6	audience	audience	NOUN
fbem-15376	50	7	and	and	CCONJ
fbem-15376	50	8	a	a	DET
fbem-15376	50	9	narrow	narrow	ADJ
fbem-15376	50	10	market	market	NOUN
fbem-15376	50	11	in	in	ADP
fbem-15376	50	12	china	china	PROPN
fbem-15376	50	13	,	,	PUNCT
fbem-15376	50	14	leading	lead	VERB
fbem-15376	50	15	to	to	ADP
fbem-15376	50	16	slow	slow	ADJ
fbem-15376	50	17	growth	growth	NOUN
fbem-15376	50	18	.	.	PUNCT
fbem-15376	51	1	despite	despite	SCONJ
fbem-15376	51	2	introducing	introduce	VERB
fbem-15376	51	3	products	product	NOUN
fbem-15376	51	4	like	like	ADP
fbem-15376	51	5	"	"	PUNCT
fbem-15376	51	6	xiaolu	xiaolu	X
fbem-15376	51	7	tea	tea	NOUN
fbem-15376	51	8	,	,	PUNCT
fbem-15376	51	9	"	"	PUNCT
fbem-15376	51	10	they	they	PRON
fbem-15376	51	11	could	could	AUX
fbem-15376	51	12	n't	not	PART
fbem-15376	51	13	compete	compete	VERB
fbem-15376	51	14	with	with	ADP
fbem-15376	51	15	starbucks	starbuck	NOUN
fbem-15376	51	16	'	'	PART
fbem-15376	51	17	frappuccino	frappuccino	PROPN
fbem-15376	51	18	’s	’s	PART
fbem-15376	51	19	.	.	PUNCT
fbem-15376	52	1	luckin	luckin	PROPN
fbem-15376	52	2	coffee	coffee	PROPN
fbem-15376	52	3	lacked	lack	VERB
fbem-15376	52	4	the	the	DET
fbem-15376	52	5	ability	ability	NOUN
fbem-15376	52	6	to	to	PART
fbem-15376	52	7	innovate	innovate	VERB
fbem-15376	52	8	and	and	CCONJ
fbem-15376	52	9	ended	end	VERB
fbem-15376	52	10	up	up	ADP
fbem-15376	52	11	copying	copy	VERB
fbem-15376	52	12	other	other	ADJ
fbem-15376	52	13	brands	brand	NOUN
fbem-15376	52	14	,	,	PUNCT
fbem-15376	52	15	resulting	result	VERB
fbem-15376	52	16	in	in	ADP
fbem-15376	52	17	weak	weak	ADJ
fbem-15376	52	18	market	market	NOUN
fbem-15376	52	19	positioning	positioning	NOUN
fbem-15376	52	20	.	.	PUNCT
fbem-15376	53	1	3.2.2	3.2.2	NUM
fbem-15376	53	2	.	.	PUNCT
fbem-15376	53	3	cost	cost	NOUN
fbem-15376	53	4	control	control	NOUN
fbem-15376	53	5	issues	issue	NOUN
fbem-15376	53	6	.	.	PUNCT
fbem-15376	54	1	the	the	DET
fbem-15376	54	2	company	company	NOUN
fbem-15376	54	3	priced	price	VERB
fbem-15376	54	4	its	its	PRON
fbem-15376	54	5	products	product	NOUN
fbem-15376	54	6	too	too	ADV
fbem-15376	54	7	low	low	ADJ
fbem-15376	54	8	,	,	PUNCT
fbem-15376	54	9	causing	cause	VERB
fbem-15376	54	10	high	high	ADJ
fbem-15376	54	11	costs	cost	NOUN
fbem-15376	54	12	and	and	CCONJ
fbem-15376	54	13	poor	poor	ADJ
fbem-15376	54	14	profitability	profitability	NOUN
fbem-15376	54	15	.	.	PUNCT
fbem-15376	55	1	within	within	ADP
fbem-15376	55	2	three	three	NUM
fbem-15376	55	3	years	year	NOUN
fbem-15376	55	4	of	of	ADP
fbem-15376	55	5	its	its	PRON
fbem-15376	55	6	establishment	establishment	NOUN
fbem-15376	55	7	in	in	ADP
fbem-15376	55	8	2017	2017	NUM
fbem-15376	55	9	,	,	PUNCT
fbem-15376	55	10	luckin	luckin	ADJ
fbem-15376	55	11	coffee	coffee	NOUN
fbem-15376	55	12	expanded	expand	VERB
fbem-15376	55	13	to	to	ADP
fbem-15376	55	14	over	over	ADP
fbem-15376	55	15	4,500	4,500	NUM
fbem-15376	55	16	stores	store	NOUN
fbem-15376	55	17	,	,	PUNCT
fbem-15376	55	18	serving	serve	VERB
fbem-15376	55	19	over	over	ADP
fbem-15376	55	20	40	40	NUM
fbem-15376	55	21	million	million	NUM
fbem-15376	55	22	customers	customer	NOUN
fbem-15376	55	23	.	.	PUNCT
fbem-15376	56	1	this	this	DET
fbem-15376	56	2	rapid	rapid	ADJ
fbem-15376	56	3	expansion	expansion	NOUN
fbem-15376	56	4	strained	strain	VERB
fbem-15376	56	5	their	their	PRON
fbem-15376	56	6	cash	cash	NOUN
fbem-15376	56	7	flow	flow	NOUN
fbem-15376	56	8	.	.	PUNCT
fbem-15376	57	1	to	to	PART
fbem-15376	57	2	attract	attract	VERB
fbem-15376	57	3	a	a	DET
fbem-15376	57	4	large	large	ADJ
fbem-15376	57	5	volume	volume	NOUN
fbem-15376	57	6	of	of	ADP
fbem-15376	57	7	transactions	transaction	NOUN
fbem-15376	57	8	,	,	PUNCT
fbem-15376	57	9	the	the	DET
fbem-15376	57	10	company	company	NOUN
fbem-15376	57	11	heavily	heavily	ADV
fbem-15376	57	12	relied	rely	VERB
fbem-15376	57	13	on	on	ADP
fbem-15376	57	14	discounts	discount	NOUN
fbem-15376	57	15	,	,	PUNCT
fbem-15376	57	16	buy	buy	NOUN
fbem-15376	57	17	-	-	PUNCT
fbem-15376	57	18	one	one	NUM
fbem-15376	57	19	-	-	PUNCT
fbem-15376	57	20	get	get	NOUN
fbem-15376	57	21	-	-	PUNCT
fbem-15376	57	22	one	one	NUM
fbem-15376	57	23	-	-	PUNCT
fbem-15376	57	24	free	free	ADJ
fbem-15376	57	25	promotions	promotion	NOUN
fbem-15376	57	26	,	,	PUNCT
fbem-15376	57	27	and	and	CCONJ
fbem-15376	57	28	incentives	incentive	NOUN
fbem-15376	57	29	.	.	PUNCT
fbem-15376	58	1	however	however	ADV
fbem-15376	58	2	,	,	PUNCT
fbem-15376	58	3	these	these	DET
fbem-15376	58	4	strategies	strategy	NOUN
fbem-15376	58	5	also	also	ADV
fbem-15376	58	6	incurred	incur	VERB
fbem-15376	58	7	substantial	substantial	ADJ
fbem-15376	58	8	costs	cost	NOUN
fbem-15376	58	9	,	,	PUNCT
fbem-15376	58	10	including	include	VERB
fbem-15376	58	11	high	high	ADJ
fbem-15376	58	12	store	store	NOUN
fbem-15376	58	13	counts	count	NOUN
fbem-15376	58	14	,	,	PUNCT
fbem-15376	58	15	low	low	ADJ
fbem-15376	58	16	prices	price	NOUN
fbem-15376	58	17	,	,	PUNCT
fbem-15376	58	18	rent	rent	NOUN
fbem-15376	58	19	,	,	PUNCT
fbem-15376	58	20	wages	wage	NOUN
fbem-15376	58	21	,	,	PUNCT
fbem-15376	58	22	and	and	CCONJ
fbem-15376	58	23	management	management	NOUN
fbem-15376	58	24	challenges	challenge	NOUN
fbem-15376	58	25	.	.	PUNCT
fbem-15376	59	1	while	while	SCONJ
fbem-15376	59	2	they	they	PRON
fbem-15376	59	3	attracted	attract	VERB
fbem-15376	59	4	customers	customer	NOUN
fbem-15376	59	5	and	and	CCONJ
fbem-15376	59	6	generated	generate	VERB
fbem-15376	59	7	high	high	ADJ
fbem-15376	59	8	revenue	revenue	NOUN
fbem-15376	59	9	,	,	PUNCT
fbem-15376	59	10	the	the	DET
fbem-15376	59	11	company	company	NOUN
fbem-15376	59	12	operated	operate	VERB
fbem-15376	59	13	at	at	ADP
fbem-15376	59	14	a	a	DET
fbem-15376	59	15	daily	daily	ADJ
fbem-15376	59	16	loss	loss	NOUN
fbem-15376	59	17	due	due	ADP
fbem-15376	59	18	to	to	ADP
fbem-15376	59	19	excessive	excessive	ADJ
fbem-15376	59	20	expansion	expansion	NOUN
fbem-15376	59	21	,	,	PUNCT
fbem-15376	59	22	low	low	ADJ
fbem-15376	59	23	prices	price	NOUN
fbem-15376	59	24	,	,	PUNCT
fbem-15376	59	25	and	and	CCONJ
fbem-15376	59	26	high	high	ADJ
fbem-15376	59	27	operating	operating	NOUN
fbem-15376	59	28	expenses	expense	NOUN
fbem-15376	59	29	.	.	PUNCT
fbem-15376	60	1	figure	figure	NOUN
fbem-15376	60	2	1	1	NUM
fbem-15376	60	3	.	.	PUNCT
fbem-15376	60	4	lk	lk	PROPN
fbem-15376	60	5	financial	financial	ADJ
fbem-15376	60	6	report	report	NOUN
fbem-15376	60	7	in	in	ADP
fbem-15376	60	8	2019	2019	NUM
fbem-15376	60	9	,	,	PUNCT
fbem-15376	60	10	luckin	luckin	ADJ
fbem-15376	60	11	coffee	coffee	NOUN
fbem-15376	60	12	reported	report	VERB
fbem-15376	60	13	a	a	DET
fbem-15376	60	14	net	net	ADJ
fbem-15376	60	15	revenue	revenue	NOUN
fbem-15376	60	16	of	of	ADP
fbem-15376	60	17	3.0249	3.0249	NUM
fbem-15376	60	18	billion	billion	NUM
fbem-15376	60	19	yuan	yuan	NOUN
fbem-15376	60	20	,	,	PUNCT
fbem-15376	60	21	marking	mark	VERB
fbem-15376	60	22	a	a	DET
fbem-15376	60	23	substantial	substantial	ADJ
fbem-15376	60	24	259.8	259.8	NUM
fbem-15376	60	25	%	%	NOUN
fbem-15376	60	26	increase	increase	NOUN
fbem-15376	60	27	from	from	ADP
fbem-15376	60	28	the	the	DET
fbem-15376	60	29	previous	previous	ADJ
fbem-15376	60	30	year	year	NOUN
fbem-15376	60	31	's	's	PART
fbem-15376	60	32	840.7	840.7	NUM
fbem-15376	60	33	million	million	NUM
fbem-15376	60	34	yuan	yuan	NOUN
fbem-15376	60	35	.	.	PUNCT
fbem-15376	61	1	however	however	ADV
fbem-15376	61	2	,	,	PUNCT
fbem-15376	61	3	the	the	DET
fbem-15376	61	4	company	company	NOUN
fbem-15376	61	5	's	's	PART
fbem-15376	61	6	operating	operating	NOUN
fbem-15376	61	7	expenses	expense	NOUN
fbem-15376	61	8	in	in	ADP
fbem-15376	61	9	2019	2019	NUM
fbem-15376	61	10	surged	surge	VERB
fbem-15376	61	11	to	to	ADP
fbem-15376	61	12	6.237	6.237	NUM
fbem-15376	61	13	billion	billion	NUM
fbem-15376	61	14	yuan	yuan	NOUN
fbem-15376	61	15	,	,	PUNCT
fbem-15376	61	16	more	more	ADJ
fbem-15376	61	17	than	than	ADP
fbem-15376	61	18	doubling	double	VERB
fbem-15376	61	19	the	the	DET
fbem-15376	61	20	2.4387	2.4387	NUM
fbem-15376	61	21	billion	billion	NUM
fbem-15376	61	22	yuan	yuan	NOUN
fbem-15376	61	23	in	in	ADP
fbem-15376	61	24	2018	2018	NUM
fbem-15376	61	25	.	.	PUNCT
fbem-15376	62	1	consequently	consequently	ADV
fbem-15376	62	2	,	,	PUNCT
fbem-15376	62	3	luckin	luckin	ADJ
fbem-15376	62	4	coffee	coffee	NOUN
fbem-15376	62	5	incurred	incur	VERB
fbem-15376	62	6	an	an	DET
fbem-15376	62	7	operating	operating	NOUN
fbem-15376	62	8	loss	loss	NOUN
fbem-15376	62	9	of	of	ADP
fbem-15376	62	10	3.212	3.212	NUM
fbem-15376	62	11	billion	billion	NUM
fbem-15376	62	12	yuan	yuan	NOUN
fbem-15376	62	13	in	in	ADP
fbem-15376	62	14	2019	2019	NUM
fbem-15376	62	15	.	.	PUNCT
fbem-15376	63	1	according	accord	VERB
fbem-15376	63	2	to	to	ADP
fbem-15376	63	3	the	the	DET
fbem-15376	63	4	muddy	muddy	ADJ
fbem-15376	63	5	waters	water	NOUN
fbem-15376	63	6	report	report	NOUN
fbem-15376	63	7	,	,	PUNCT
fbem-15376	63	8	at	at	ADP
fbem-15376	63	9	the	the	DET
fbem-15376	63	10	store	store	NOUN
fbem-15376	63	11	level	level	NOUN
fbem-15376	63	12	,	,	PUNCT
fbem-15376	63	13	luckin	luckin	ADJ
fbem-15376	63	14	coffee	coffee	NOUN
fbem-15376	63	15	's	's	PART
fbem-15376	63	16	gross	gross	ADJ
fbem-15376	63	17	profit	profit	NOUN
fbem-15376	63	18	of	of	ADP
fbem-15376	63	19	50,600	50,600	NUM
fbem-15376	63	20	。	。	NOUN
fbem-15376	63	21	  	  	SPACE
fbem-15376	63	22	yuan	yuan	NOUN
fbem-15376	63	23	was	be	AUX
fbem-15376	63	24	insufficient	insufficient	ADJ
fbem-15376	63	25	to	to	PART
fbem-15376	63	26	cover	cover	VERB
fbem-15376	63	27	operating	operating	NOUN
fbem-15376	63	28	costs	cost	NOUN
fbem-15376	63	29	of	of	ADP
fbem-15376	63	30	61,100	61,100	NUM
fbem-15376	63	31	yuan	yuan	NOUN
fbem-15376	63	32	,	,	PUNCT
fbem-15376	63	33	along	along	ADP
fbem-15376	63	34	with	with	ADP
fbem-15376	63	35	a	a	DET
fbem-15376	63	36	delivery	delivery	NOUN
fbem-15376	63	37	subsidy	subsidy	NOUN
fbem-15376	63	38	of	of	ADP
fbem-15376	63	39	7,800	7,800	NUM
fbem-15376	63	40	yuan	yuan	NOUN
fbem-15376	63	41	.	.	PUNCT
fbem-15376	64	1	this	this	PRON
fbem-15376	64	2	resulted	result	VERB
fbem-15376	64	3	in	in	ADP
fbem-15376	64	4	each	each	DET
fbem-15376	64	5	luckin	luckin	ADJ
fbem-15376	64	6	coffee	coffee	NOUN
fbem-15376	64	7	store	store	NOUN
fbem-15376	64	8	experiencing	experience	VERB
fbem-15376	64	9	a	a	DET
fbem-15376	64	10	monthly	monthly	ADJ
fbem-15376	64	11	operating	operating	NOUN
fbem-15376	64	12	loss	loss	NOUN
fbem-15376	64	13	of	of	ADP
fbem-15376	64	14	18,300	18,300	NUM
fbem-15376	64	15	yuan	yuan	NOUN
fbem-15376	64	16	.	.	PUNCT
fbem-15376	65	1	surprisingly	surprisingly	ADV
fbem-15376	65	2	,	,	PUNCT
fbem-15376	65	3	luckin	luckin	ADJ
fbem-15376	65	4	coffee	coffee	NOUN
fbem-15376	65	5	did	do	AUX
fbem-15376	65	6	not	not	PART
fbem-15376	65	7	implement	implement	VERB
fbem-15376	65	8	effective	effective	ADJ
fbem-15376	65	9	cost	cost	NOUN
fbem-15376	65	10	-	-	PUNCT
fbem-15376	65	11	reduction	reduction	NOUN
fbem-15376	65	12	measures	measure	NOUN
fbem-15376	65	13	,	,	PUNCT
fbem-15376	65	14	such	such	ADJ
fbem-15376	65	15	as	as	ADP
fbem-15376	65	16	depreciation	depreciation	NOUN
fbem-15376	65	17	,	,	PUNCT
fbem-15376	65	18	which	which	PRON
fbem-15376	65	19	meant	mean	VERB
fbem-15376	65	20	that	that	SCONJ
fbem-15376	65	21	it	it	PRON
fbem-15376	65	22	would	would	AUX
fbem-15376	65	23	never	never	ADV
fbem-15376	65	24	be	be	AUX
fbem-15376	65	25	able	able	ADJ
fbem-15376	65	26	to	to	PART
fbem-15376	65	27	recover	recover	VERB
fbem-15376	65	28	its	its	PRON
fbem-15376	65	29	initial	initial	ADJ
fbem-15376	65	30	investment	investment	NOUN
fbem-15376	65	31	due	due	ADP
fbem-15376	65	32	to	to	ADP
fbem-15376	65	33	persistently	persistently	ADV
fbem-15376	65	34	high	high	ADJ
fbem-15376	65	35	fixed	fix	VERB
fbem-15376	65	36	costs	cost	NOUN
fbem-15376	65	37	associated	associate	VERB
fbem-15376	65	38	with	with	ADP
fbem-15376	65	39	store	store	NOUN
fbem-15376	65	40	openings.[4,5	openings.[4,5	NOUN
fbem-15376	65	41	]	]	X
fbem-15376	65	42	3.2.3	3.2.3	NUM
fbem-15376	65	43	.	.	PUNCT
fbem-15376	66	1	ethical	ethical	ADJ
fbem-15376	66	2	factors	factor	NOUN
fbem-15376	66	3	.	.	PUNCT
fbem-15376	67	1	one	one	NUM
fbem-15376	67	2	of	of	ADP
fbem-15376	67	3	the	the	DET
fbem-15376	67	4	main	main	ADJ
fbem-15376	67	5	reasons	reason	NOUN
fbem-15376	67	6	for	for	ADP
fbem-15376	67	7	the	the	DET
fbem-15376	67	8	ethical	ethical	ADJ
fbem-15376	67	9	issues	issue	NOUN
fbem-15376	67	10	at	at	ADP
fbem-15376	67	11	luckin	luckin	PROPN
fbem-15376	67	12	coffee	coffee	NOUN
fbem-15376	67	13	was	be	AUX
fbem-15376	67	14	the	the	DET
fbem-15376	67	15	lack	lack	NOUN
fbem-15376	67	16	of	of	ADP
fbem-15376	67	17	responsibility	responsibility	NOUN
fbem-15376	67	18	awareness	awareness	NOUN
fbem-15376	67	19	among	among	ADP
fbem-15376	67	20	the	the	DET
fbem-15376	67	21	management	management	NOUN
fbem-15376	67	22	.	.	PUNCT
fbem-15376	68	1	in	in	ADP
fbem-15376	68	2	a	a	DET
fbem-15376	68	3	short	short	ADJ
fbem-15376	68	4	period	period	NOUN
fbem-15376	68	5	,	,	PUNCT
fbem-15376	68	6	luckin	luckin	PROPN
fbem-15376	68	7	coffee	coffee	NOUN
fbem-15376	68	8	went	go	VERB
fbem-15376	68	9	public	public	ADJ
fbem-15376	68	10	and	and	CCONJ
fbem-15376	68	11	became	become	VERB
fbem-15376	68	12	one	one	NUM
fbem-15376	68	13	of	of	ADP
fbem-15376	68	14	the	the	DET
fbem-15376	68	15	fastest	fast	ADJ
fbem-15376	68	16	delisted	delist	VERB
fbem-15376	68	17	companies	company	NOUN
fbem-15376	68	18	.	.	PUNCT
fbem-15376	69	1	management	management	NOUN
fbem-15376	69	2	's	's	PART
fbem-15376	69	3	negligence	negligence	NOUN
fbem-15376	69	4	played	play	VERB
fbem-15376	69	5	a	a	DET
fbem-15376	69	6	significant	significant	ADJ
fbem-15376	69	7	role	role	NOUN
fbem-15376	69	8	in	in	ADP
fbem-15376	69	9	this	this	DET
fbem-15376	69	10	downfall	downfall	NOUN
fbem-15376	69	11	.	.	PUNCT
fbem-15376	70	1	almost	almost	ADV
fbem-15376	70	2	half	half	NOUN
fbem-15376	70	3	of	of	ADP
fbem-15376	70	4	luckin	luckin	ADJ
fbem-15376	70	5	coffee	coffee	NOUN
fbem-15376	70	6	's	's	PART
fbem-15376	70	7	equity	equity	NOUN
fbem-15376	70	8	had	have	AUX
fbem-15376	70	9	been	be	AUX
fbem-15376	70	10	cashed	cash	VERB
fbem-15376	70	11	out	out	ADP
fbem-15376	70	12	,	,	PUNCT
fbem-15376	70	13	amounting	amount	VERB
fbem-15376	70	14	to	to	ADP
fbem-15376	70	15	$	$	SYM
fbem-15376	70	16	2.5	2.5	NUM
fbem-15376	70	17	billion	billion	NUM
fbem-15376	70	18	.	.	PUNCT
fbem-15376	71	1	such	such	DET
fbem-15376	71	2	a	a	DET
fbem-15376	71	3	large	large	ADJ
fbem-15376	71	4	amount	amount	NOUN
fbem-15376	71	5	might	might	AUX
fbem-15376	71	6	have	have	AUX
fbem-15376	71	7	led	lead	VERB
fbem-15376	71	8	to	to	ADP
fbem-15376	71	9	a	a	DET
fbem-15376	71	10	negative	negative	ADJ
fbem-15376	71	11	feedback	feedback	NOUN
fbem-15376	71	12	loop	loop	NOUN
fbem-15376	71	13	,	,	PUNCT
fbem-15376	71	14	causing	cause	VERB
fbem-15376	71	15	stock	stock	NOUN
fbem-15376	71	16	prices	price	NOUN
fbem-15376	71	17	to	to	PART
fbem-15376	71	18	continue	continue	VERB
fbem-15376	71	19	to	to	PART
fbem-15376	71	20	decline	decline	VERB
fbem-15376	71	21	.	.	PUNCT
fbem-15376	72	1	when	when	SCONJ
fbem-15376	72	2	the	the	DET
fbem-15376	72	3	value	value	NOUN
fbem-15376	72	4	of	of	ADP
fbem-15376	72	5	pledged	pledged	ADJ
fbem-15376	72	6	stocks	stock	NOUN
fbem-15376	72	7	falls	fall	VERB
fbem-15376	72	8	,	,	PUNCT
fbem-15376	72	9	lending	lending	NOUN
fbem-15376	72	10	institutions	institution	NOUN
fbem-15376	72	11	demand	demand	VERB
fbem-15376	72	12	more	more	ADJ
fbem-15376	72	13	cash	cash	NOUN
fbem-15376	72	14	and	and	CCONJ
fbem-15376	72	15	collateral	collateral	NOUN
fbem-15376	72	16	to	to	PART
fbem-15376	72	17	cover	cover	VERB
fbem-15376	72	18	the	the	DET
fbem-15376	72	19	initial	initial	ADJ
fbem-15376	72	20	amount	amount	NOUN
fbem-15376	72	21	.	.	PUNCT
fbem-15376	73	1	if	if	SCONJ
fbem-15376	73	2	the	the	DET
fbem-15376	73	3	pledger	pledger	NOUN
fbem-15376	73	4	's	's	PART
fbem-15376	73	5	financial	financial	ADJ
fbem-15376	73	6	situation	situation	NOUN
fbem-15376	73	7	deteriorates	deteriorate	VERB
fbem-15376	73	8	,	,	PUNCT
fbem-15376	73	9	lending	lending	NOUN
fbem-15376	73	10	institutions	institution	NOUN
fbem-15376	73	11	will	will	AUX
fbem-15376	73	12	sell	sell	VERB
fbem-15376	73	13	the	the	DET
fbem-15376	73	14	stocks	stock	NOUN
fbem-15376	73	15	to	to	PART
fbem-15376	73	16	recover	recover	VERB
fbem-15376	73	17	losses	loss	NOUN
fbem-15376	73	18	,	,	PUNCT
fbem-15376	73	19	further	far	ADV
fbem-15376	73	20	driving	drive	VERB
fbem-15376	73	21	down	down	ADP
fbem-15376	73	22	stock	stock	NOUN
fbem-15376	73	23	prices	price	NOUN
fbem-15376	73	24	and	and	CCONJ
fbem-15376	73	25	increasing	increase	VERB
fbem-15376	73	26	demand	demand	NOUN
fbem-15376	73	27	for	for	ADP
fbem-15376	73	28	more	more	ADJ
fbem-15376	73	29	collateral	collateral	NOUN
fbem-15376	73	30	,	,	PUNCT
fbem-15376	73	31	trapping	trap	VERB
fbem-15376	73	32	the	the	DET
fbem-15376	73	33	company	company	NOUN
fbem-15376	73	34	in	in	ADP
fbem-15376	73	35	a	a	DET
fbem-15376	73	36	vicious	vicious	ADJ
fbem-15376	73	37	cycle	cycle	NOUN
fbem-15376	73	38	.	.	PUNCT
fbem-15376	74	1	4	4	X
fbem-15376	74	2	.	.	X
fbem-15376	74	3	comprehensive	comprehensive	ADJ
fbem-15376	74	4	analysis	analysis	NOUN
fbem-15376	74	5	of	of	ADP
fbem-15376	74	6	luckin	luckin	ADJ
fbem-15376	74	7	coffee	coffee	NOUN
fbem-15376	74	8	's	's	PART
fbem-15376	74	9	short	short	ADV
fbem-15376	74	10	-	-	PUNCT
fbem-15376	74	11	selling	sell	VERB
fbem-15376	74	12	case	case	NOUN
fbem-15376	74	13	4.1	4.1	NUM
fbem-15376	74	14	.	.	PUNCT
fbem-15376	75	1	emergence	emergence	NOUN
fbem-15376	75	2	of	of	ADP
fbem-15376	75	3	short	short	NOUN
fbem-15376	75	4	-	-	PUNCT
fbem-15376	75	5	selling	selling	NOUN
fbem-15376	75	6	in	in	ADP
fbem-15376	75	7	luckin	luckin	ADJ
fbem-15376	75	8	coffee	coffee	NOUN
fbem-15376	75	9	and	and	CCONJ
fbem-15376	75	10	market	market	NOUN
fbem-15376	75	11	response	response	NOUN
fbem-15376	75	12	short	short	ADJ
fbem-15376	75	13	selling	selling	NOUN
fbem-15376	75	14	is	be	AUX
fbem-15376	75	15	based	base	VERB
fbem-15376	75	16	on	on	ADP
fbem-15376	75	17	the	the	DET
fbem-15376	75	18	concept	concept	NOUN
fbem-15376	75	19	of	of	ADP
fbem-15376	75	20	"	"	PUNCT
fbem-15376	75	21	selling	sell	VERB
fbem-15376	75	22	high	high	ADJ
fbem-15376	75	23	and	and	CCONJ
fbem-15376	75	24	buying	buy	VERB
fbem-15376	75	25	low	low	ADJ
fbem-15376	75	26	.	.	PUNCT
fbem-15376	75	27	"	"	PUNCT
fbem-15376	75	28	short	short	ADJ
fbem-15376	75	29	-	-	PUNCT
fbem-15376	75	30	selling	sell	VERB
fbem-15376	75	31	institutions	institution	NOUN
fbem-15376	75	32	investigate	investigate	VERB
fbem-15376	75	33	their	their	PRON
fbem-15376	75	34	chosen	choose	VERB
fbem-15376	75	35	targets	target	NOUN
fbem-15376	75	36	extensively	extensively	ADV
fbem-15376	75	37	,	,	PUNCT
fbem-15376	75	38	gathering	gather	VERB
fbem-15376	75	39	negative	negative	ADJ
fbem-15376	75	40	information	information	NOUN
fbem-15376	75	41	.	.	PUNCT
fbem-15376	76	1	they	they	PRON
fbem-15376	76	2	then	then	ADV
fbem-15376	76	3	borrow	borrow	VERB
fbem-15376	76	4	the	the	DET
fbem-15376	76	5	company	company	NOUN
fbem-15376	76	6	's	's	PART
fbem-15376	76	7	stock	stock	NOUN
fbem-15376	76	8	from	from	ADP
fbem-15376	76	9	brokers	broker	NOUN
fbem-15376	76	10	and	and	CCONJ
fbem-15376	76	11	sell	sell	VERB
fbem-15376	76	12	it	it	PRON
fbem-15376	76	13	,	,	PUNCT
fbem-15376	76	14	often	often	ADV
fbem-15376	76	15	releasing	release	VERB
fbem-15376	76	16	adverse	adverse	ADJ
fbem-15376	76	17	information	information	NOUN
fbem-15376	76	18	to	to	PART
fbem-15376	76	19	drive	drive	VERB
fbem-15376	76	20	down	down	ADP
fbem-15376	76	21	the	the	DET
fbem-15376	76	22	stock	stock	NOUN
fbem-15376	76	23	price	price	NOUN
fbem-15376	76	24	.	.	PUNCT
fbem-15376	77	1	afterward	afterward	ADV
fbem-15376	77	2	,	,	PUNCT
fbem-15376	77	3	they	they	PRON
fbem-15376	77	4	repurchase	repurchase	VERB
fbem-15376	77	5	the	the	DET
fbem-15376	77	6	same	same	ADJ
fbem-15376	77	7	quantity	quantity	NOUN
fbem-15376	77	8	of	of	ADP
fbem-15376	77	9	stock	stock	NOUN
fbem-15376	77	10	at	at	ADP
fbem-15376	77	11	a	a	DET
fbem-15376	77	12	lower	low	ADJ
fbem-15376	77	13	price	price	NOUN
fbem-15376	77	14	and	and	CCONJ
fbem-15376	77	15	return	return	VERB
fbem-15376	77	16	it	it	PRON
fbem-15376	77	17	to	to	ADP
fbem-15376	77	18	the	the	DET
fbem-15376	77	19	broker	broker	NOUN
fbem-15376	77	20	,	,	PUNCT
fbem-15376	77	21	making	make	VERB
fbem-15376	77	22	a	a	DET
fbem-15376	77	23	76	76	NUM
fbem-15376	77	24	profit	profit	NOUN
fbem-15376	77	25	from	from	ADP
fbem-15376	77	26	the	the	DET
fbem-15376	77	27	price	price	NOUN
fbem-15376	77	28	difference	difference	NOUN
fbem-15376	77	29	.	.	PUNCT
fbem-15376	78	1	this	this	DET
fbem-15376	78	2	practice	practice	NOUN
fbem-15376	78	3	raises	raise	VERB
fbem-15376	78	4	concerns	concern	NOUN
fbem-15376	78	5	about	about	ADP
fbem-15376	78	6	conflicts	conflict	NOUN
fbem-15376	78	7	of	of	ADP
fbem-15376	78	8	interest.[6	interest.[6	NOUN
fbem-15376	78	9	]	]	PUNCT
fbem-15376	78	10	in	in	ADP
fbem-15376	78	11	the	the	DET
fbem-15376	78	12	case	case	NOUN
fbem-15376	78	13	of	of	ADP
fbem-15376	78	14	luckin	luckin	ADJ
fbem-15376	78	15	coffee	coffee	NOUN
fbem-15376	78	16	,	,	PUNCT
fbem-15376	78	17	muddy	muddy	ADJ
fbem-15376	78	18	waters	water	NOUN
fbem-15376	78	19	aimed	aim	VERB
fbem-15376	78	20	to	to	PART
fbem-15376	78	21	profit	profit	VERB
fbem-15376	78	22	by	by	ADP
fbem-15376	78	23	attacking	attack	VERB
fbem-15376	78	24	the	the	DET
fbem-15376	78	25	company	company	NOUN
fbem-15376	78	26	's	's	PART
fbem-15376	78	27	stock	stock	NOUN
fbem-15376	78	28	price	price	NOUN
fbem-15376	78	29	.	.	PUNCT
fbem-15376	79	1	when	when	SCONJ
fbem-15376	79	2	muddy	muddy	ADJ
fbem-15376	79	3	waters	water	NOUN
fbem-15376	79	4	published	publish	VERB
fbem-15376	79	5	its	its	PRON
fbem-15376	79	6	short	short	ADJ
fbem-15376	79	7	report	report	NOUN
fbem-15376	79	8	,	,	PUNCT
fbem-15376	79	9	luckin	luckin	PROPN
fbem-15376	79	10	coffee	coffee	NOUN
fbem-15376	79	11	's	's	PART
fbem-15376	79	12	stock	stock	NOUN
fbem-15376	79	13	price	price	NOUN
fbem-15376	79	14	dropped	drop	VERB
fbem-15376	79	15	by	by	ADP
fbem-15376	79	16	over	over	ADP
fbem-15376	79	17	20	20	NUM
fbem-15376	79	18	%	%	NOUN
fbem-15376	79	19	during	during	ADP
fbem-15376	79	20	intraday	intraday	NOUN
fbem-15376	79	21	trading	trading	NOUN
fbem-15376	79	22	.	.	PUNCT
fbem-15376	80	1	on	on	ADP
fbem-15376	80	2	april	april	PROPN
fbem-15376	80	3	2nd	2nd	PROPN
fbem-15376	80	4	,	,	PUNCT
fbem-15376	80	5	luckin	luckin	PROPN
fbem-15376	80	6	coffee	coffee	NOUN
fbem-15376	80	7	's	's	PART
fbem-15376	80	8	stock	stock	NOUN
fbem-15376	80	9	experienced	experience	VERB
fbem-15376	80	10	an	an	DET
fbem-15376	80	11	81.6	81.6	NUM
fbem-15376	80	12	%	%	NOUN
fbem-15376	80	13	plunge	plunge	NOUN
fbem-15376	80	14	,	,	PUNCT
fbem-15376	80	15	leading	lead	VERB
fbem-15376	80	16	to	to	ADP
fbem-15376	80	17	six	six	NUM
fbem-15376	80	18	trading	trading	NOUN
fbem-15376	80	19	halts	halt	NOUN
fbem-15376	80	20	,	,	PUNCT
fbem-15376	80	21	and	and	CCONJ
fbem-15376	80	22	closing	close	VERB
fbem-15376	80	23	at	at	ADP
fbem-15376	80	24	$	$	SYM
fbem-15376	80	25	6.4	6.4	NUM
fbem-15376	80	26	per	per	ADP
fbem-15376	80	27	share	share	NOUN
fbem-15376	80	28	,	,	PUNCT
fbem-15376	80	29	causing	cause	VERB
fbem-15376	80	30	a	a	DET
fbem-15376	80	31	loss	loss	NOUN
fbem-15376	80	32	of	of	ADP
fbem-15376	80	33	nearly	nearly	ADV
fbem-15376	80	34	$	$	SYM
fbem-15376	80	35	5	5	NUM
fbem-15376	80	36	billion	billion	NUM
fbem-15376	80	37	in	in	ADP
fbem-15376	80	38	market	market	NOUN
fbem-15376	80	39	capitalization	capitalization	NOUN
fbem-15376	80	40	.	.	PUNCT
fbem-15376	81	1	the	the	DET
fbem-15376	81	2	following	following	ADJ
fbem-15376	81	3	day	day	NOUN
fbem-15376	81	4	,	,	PUNCT
fbem-15376	81	5	before	before	SCONJ
fbem-15376	81	6	the	the	DET
fbem-15376	81	7	market	market	NOUN
fbem-15376	81	8	opened	open	VERB
fbem-15376	81	9	,	,	PUNCT
fbem-15376	81	10	luckin	luckin	ADJ
fbem-15376	81	11	coffee	coffee	NOUN
fbem-15376	81	12	's	's	PART
fbem-15376	81	13	stock	stock	NOUN
fbem-15376	81	14	continued	continue	VERB
fbem-15376	81	15	to	to	PART
fbem-15376	81	16	decline	decline	VERB
fbem-15376	81	17	by	by	ADP
fbem-15376	81	18	over	over	ADP
fbem-15376	81	19	20	20	NUM
fbem-15376	81	20	%	%	NOUN
fbem-15376	81	21	.	.	PUNCT
fbem-15376	82	1	if	if	SCONJ
fbem-15376	82	2	muddy	muddy	ADJ
fbem-15376	82	3	waters	water	NOUN
fbem-15376	82	4	borrowed	borrow	VERB
fbem-15376	82	5	stocks	stock	NOUN
fbem-15376	82	6	before	before	ADP
fbem-15376	82	7	short	short	NOUN
fbem-15376	82	8	-	-	PUNCT
fbem-15376	82	9	selling	selling	NOUN
fbem-15376	82	10	and	and	CCONJ
fbem-15376	82	11	repurchased	repurchase	VERB
fbem-15376	82	12	them	they	PRON
fbem-15376	82	13	afterward	afterward	ADV
fbem-15376	82	14	,	,	PUNCT
fbem-15376	82	15	they	they	PRON
fbem-15376	82	16	could	could	AUX
fbem-15376	82	17	have	have	AUX
fbem-15376	82	18	made	make	VERB
fbem-15376	82	19	substantial	substantial	ADJ
fbem-15376	82	20	profits	profit	NOUN
fbem-15376	82	21	,	,	PUNCT
fbem-15376	82	22	potentially	potentially	ADV
fbem-15376	82	23	several	several	ADJ
fbem-15376	82	24	times	time	NOUN
fbem-15376	82	25	their	their	PRON
fbem-15376	82	26	initial	initial	ADJ
fbem-15376	82	27	investment	investment	NOUN
fbem-15376	82	28	.	.	PUNCT
fbem-15376	83	1	4.2	4.2	NUM
fbem-15376	83	2	.	.	PUNCT
fbem-15376	83	3	selection	selection	NOUN
fbem-15376	83	4	of	of	ADP
fbem-15376	83	5	short	short	ADJ
fbem-15376	83	6	-	-	PUNCT
fbem-15376	83	7	selling	sell	VERB
fbem-15376	83	8	targets	target	NOUN
fbem-15376	83	9	4.2.1	4.2.1	NOUN
fbem-15376	83	10	.	.	PUNCT
fbem-15376	84	1	financial	financial	ADJ
fbem-15376	84	2	opacity	opacity	NOUN
fbem-15376	84	3	a	a	DET
fbem-15376	84	4	company	company	NOUN
fbem-15376	84	5	's	's	PART
fbem-15376	84	6	financial	financial	ADJ
fbem-15376	84	7	data	datum	NOUN
fbem-15376	84	8	is	be	AUX
fbem-15376	84	9	the	the	DET
fbem-15376	84	10	best	good	ADJ
fbem-15376	84	11	reflection	reflection	NOUN
fbem-15376	84	12	of	of	ADP
fbem-15376	84	13	its	its	PRON
fbem-15376	84	14	dayto	dayto	NOUN
fbem-15376	84	15	-	-	PUNCT
fbem-15376	84	16	day	day	NOUN
fbem-15376	84	17	operations	operation	NOUN
fbem-15376	84	18	,	,	PUNCT
fbem-15376	84	19	and	and	CCONJ
fbem-15376	84	20	the	the	DET
fbem-15376	84	21	stability	stability	NOUN
fbem-15376	84	22	and	and	CCONJ
fbem-15376	84	23	profitability	profitability	NOUN
fbem-15376	84	24	of	of	ADP
fbem-15376	84	25	financial	financial	ADJ
fbem-15376	84	26	data	datum	NOUN
fbem-15376	84	27	can	can	AUX
fbem-15376	84	28	effectively	effectively	ADV
fbem-15376	84	29	depict	depict	VERB
fbem-15376	84	30	a	a	DET
fbem-15376	84	31	company	company	NOUN
fbem-15376	84	32	's	's	PART
fbem-15376	84	33	situation	situation	NOUN
fbem-15376	84	34	.	.	PUNCT
fbem-15376	85	1	short	short	ADJ
fbem-15376	85	2	-	-	PUNCT
fbem-15376	85	3	selling	sell	VERB
fbem-15376	85	4	institutions	institution	NOUN
fbem-15376	85	5	often	often	ADV
fbem-15376	85	6	pay	pay	VERB
fbem-15376	85	7	extra	extra	ADJ
fbem-15376	85	8	attention	attention	NOUN
fbem-15376	85	9	to	to	ADP
fbem-15376	85	10	the	the	DET
fbem-15376	85	11	financial	financial	ADJ
fbem-15376	85	12	data	datum	NOUN
fbem-15376	85	13	of	of	ADP
fbem-15376	85	14	the	the	DET
fbem-15376	85	15	target	target	NOUN
fbem-15376	85	16	company	company	NOUN
fbem-15376	85	17	.	.	PUNCT
fbem-15376	86	1	any	any	DET
fbem-15376	86	2	anomalies	anomaly	NOUN
fbem-15376	86	3	are	be	AUX
fbem-15376	86	4	immediately	immediately	ADV
fbem-15376	86	5	documented	document	VERB
fbem-15376	86	6	as	as	ADP
fbem-15376	86	7	evidence	evidence	NOUN
fbem-15376	86	8	for	for	ADP
fbem-15376	86	9	short	short	ADJ
fbem-15376	86	10	selling	selling	NOUN
fbem-15376	86	11	.	.	PUNCT
fbem-15376	87	1	figure	figure	NOUN
fbem-15376	87	2	2	2	NUM
fbem-15376	87	3	.	.	PUNCT
fbem-15376	87	4	lk	lk	PROPN
fbem-15376	87	5	income	income	NOUN
fbem-15376	87	6	statement	statement	NOUN
fbem-15376	87	7	luckin	luckin	PROPN
fbem-15376	87	8	coffee	coffee	NOUN
fbem-15376	87	9	opened	open	VERB
fbem-15376	87	10	its	its	PRON
fbem-15376	87	11	doors	door	NOUN
fbem-15376	87	12	in	in	ADP
fbem-15376	87	13	october	october	PROPN
fbem-15376	87	14	2017	2017	NUM
fbem-15376	87	15	and	and	CCONJ
fbem-15376	87	16	experienced	experience	VERB
fbem-15376	87	17	rapid	rapid	ADJ
fbem-15376	87	18	growth	growth	NOUN
fbem-15376	87	19	in	in	ADP
fbem-15376	87	20	2018	2018	NUM
fbem-15376	87	21	,	,	PUNCT
fbem-15376	87	22	including	include	VERB
fbem-15376	87	23	significant	significant	ADJ
fbem-15376	87	24	expansion	expansion	NOUN
fbem-15376	87	25	and	and	CCONJ
fbem-15376	87	26	fundraising	fundraising	NOUN
fbem-15376	87	27	.	.	PUNCT
fbem-15376	88	1	consequently	consequently	ADV
fbem-15376	88	2	,	,	PUNCT
fbem-15376	88	3	in	in	ADP
fbem-15376	88	4	2018	2018	NUM
fbem-15376	88	5	,	,	PUNCT
fbem-15376	88	6	various	various	ADJ
fbem-15376	88	7	aspects	aspect	NOUN
fbem-15376	88	8	such	such	ADJ
fbem-15376	88	9	as	as	ADP
fbem-15376	88	10	cash	cash	NOUN
fbem-15376	88	11	,	,	PUNCT
fbem-15376	88	12	inventory	inventory	NOUN
fbem-15376	88	13	,	,	PUNCT
fbem-15376	88	14	total	total	ADJ
fbem-15376	88	15	assets	asset	NOUN
fbem-15376	88	16	,	,	PUNCT
fbem-15376	88	17	total	total	ADJ
fbem-15376	88	18	liabilities	liability	NOUN
fbem-15376	88	19	,	,	PUNCT
fbem-15376	88	20	and	and	CCONJ
fbem-15376	88	21	shareholders	shareholder	NOUN
fbem-15376	88	22	'	'	PART
fbem-15376	88	23	equity	equity	NOUN
fbem-15376	88	24	saw	see	VERB
fbem-15376	88	25	substantial	substantial	ADJ
fbem-15376	88	26	growth	growth	NOUN
fbem-15376	88	27	.	.	PUNCT
fbem-15376	89	1	this	this	PRON
fbem-15376	89	2	is	be	AUX
fbem-15376	89	3	relatively	relatively	ADV
fbem-15376	89	4	understandable	understandable	ADJ
fbem-15376	89	5	.	.	PUNCT
fbem-15376	90	1	however	however	ADV
fbem-15376	90	2	,	,	PUNCT
fbem-15376	90	3	upon	upon	SCONJ
fbem-15376	90	4	analyzing	analyze	VERB
fbem-15376	90	5	the	the	DET
fbem-15376	90	6	quarterly	quarterly	ADJ
fbem-15376	90	7	reports	report	NOUN
fbem-15376	90	8	for	for	ADP
fbem-15376	90	9	2019	2019	NUM
fbem-15376	90	10	,	,	PUNCT
fbem-15376	90	11	as	as	SCONJ
fbem-15376	90	12	shown	show	VERB
fbem-15376	90	13	in	in	ADP
fbem-15376	90	14	the	the	DET
fbem-15376	90	15	graph	graph	NOUN
fbem-15376	90	16	above	above	ADV
fbem-15376	90	17	,	,	PUNCT
fbem-15376	90	18	it	it	PRON
fbem-15376	90	19	becomes	become	VERB
fbem-15376	90	20	apparent	apparent	ADJ
fbem-15376	90	21	that	that	SCONJ
fbem-15376	90	22	luckin	luckin	ADJ
fbem-15376	90	23	coffee	coffee	NOUN
fbem-15376	90	24	's	's	PART
fbem-15376	90	25	total	total	ADJ
fbem-15376	90	26	revenue	revenue	NOUN
fbem-15376	90	27	and	and	CCONJ
fbem-15376	90	28	total	total	ADJ
fbem-15376	90	29	costs	cost	NOUN
fbem-15376	90	30	exhibited	exhibit	VERB
fbem-15376	90	31	a	a	DET
fbem-15376	90	32	linear	linear	ADJ
fbem-15376	90	33	increase	increase	NOUN
fbem-15376	90	34	.	.	PUNCT
fbem-15376	91	1	this	this	PRON
fbem-15376	91	2	suggests	suggest	VERB
fbem-15376	91	3	that	that	SCONJ
fbem-15376	91	4	the	the	DET
fbem-15376	91	5	company	company	NOUN
fbem-15376	91	6	encountered	encounter	VERB
fbem-15376	91	7	significant	significant	ADJ
fbem-15376	91	8	operational	operational	ADJ
fbem-15376	91	9	issues	issue	NOUN
fbem-15376	91	10	in	in	ADP
fbem-15376	91	11	2019	2019	NUM
fbem-15376	91	12	.	.	PUNCT
fbem-15376	92	1	figure	figure	VERB
fbem-15376	92	2	3	3	NUM
fbem-15376	92	3	.	.	PUNCT
fbem-15376	92	4	lk	lk	ADJ
fbem-15376	92	5	cash	cash	NOUN
fbem-15376	92	6	flow	flow	NOUN
fbem-15376	92	7	statement	statement	NOUN
fbem-15376	92	8	the	the	DET
fbem-15376	92	9	cash	cash	NOUN
fbem-15376	92	10	flow	flow	NOUN
fbem-15376	92	11	statement	statement	NOUN
fbem-15376	92	12	for	for	ADP
fbem-15376	92	13	luckin	luckin	ADJ
fbem-15376	92	14	coffee	coffee	NOUN
fbem-15376	92	15	reveals	reveal	VERB
fbem-15376	92	16	notable	notable	ADJ
fbem-15376	92	17	trends	trend	NOUN
fbem-15376	92	18	.	.	PUNCT
fbem-15376	93	1	from	from	ADP
fbem-15376	93	2	q4	q4	PROPN
fbem-15376	93	3	2018	2018	NUM
fbem-15376	93	4	to	to	ADP
fbem-15376	93	5	q4	q4	PROPN
fbem-15376	93	6	2019	2019	NUM
fbem-15376	93	7	,	,	PUNCT
fbem-15376	93	8	the	the	DET
fbem-15376	93	9	net	net	ADJ
fbem-15376	93	10	cash	cash	NOUN
fbem-15376	93	11	flow	flow	NOUN
fbem-15376	93	12	from	from	ADP
fbem-15376	93	13	operating	operating	NOUN
fbem-15376	93	14	activities	activity	NOUN
fbem-15376	93	15	remained	remain	VERB
fbem-15376	93	16	consistently	consistently	ADV
fbem-15376	93	17	negative	negative	ADJ
fbem-15376	93	18	,	,	PUNCT
fbem-15376	93	19	as	as	SCONJ
fbem-15376	93	20	did	do	VERB
fbem-15376	93	21	the	the	DET
fbem-15376	93	22	net	net	ADJ
fbem-15376	93	23	cash	cash	NOUN
fbem-15376	93	24	flow	flow	NOUN
fbem-15376	93	25	from	from	ADP
fbem-15376	93	26	investment	investment	NOUN
fbem-15376	93	27	activities	activity	NOUN
fbem-15376	93	28	.	.	PUNCT
fbem-15376	94	1	the	the	DET
fbem-15376	94	2	only	only	ADJ
fbem-15376	94	3	positive	positive	ADJ
fbem-15376	94	4	cash	cash	NOUN
fbem-15376	94	5	flow	flow	NOUN
fbem-15376	94	6	came	come	VERB
fbem-15376	94	7	from	from	ADP
fbem-15376	94	8	financing	financing	NOUN
fbem-15376	94	9	activities	activity	NOUN
fbem-15376	94	10	.	.	PUNCT
fbem-15376	95	1	this	this	PRON
fbem-15376	95	2	suggests	suggest	VERB
fbem-15376	95	3	that	that	SCONJ
fbem-15376	95	4	luckin	luckin	ADJ
fbem-15376	95	5	coffee	coffee	NOUN
fbem-15376	95	6	was	be	AUX
fbem-15376	95	7	still	still	ADV
fbem-15376	95	8	in	in	ADP
fbem-15376	95	9	its	its	PRON
fbem-15376	95	10	early	early	ADJ
fbem-15376	95	11	developmental	developmental	ADJ
fbem-15376	95	12	stages	stage	NOUN
fbem-15376	95	13	and	and	CCONJ
fbem-15376	95	14	lacked	lack	VERB
fbem-15376	95	15	a	a	DET
fbem-15376	95	16	robust	robust	ADJ
fbem-15376	95	17	cash	cash	NOUN
fbem-15376	95	18	supply	supply	NOUN
fbem-15376	95	19	chain	chain	NOUN
fbem-15376	95	20	.	.	PUNCT
fbem-15376	96	1	in	in	ADP
fbem-15376	96	2	q1	q1	PROPN
fbem-15376	96	3	2019	2019	NUM
fbem-15376	96	4	,	,	PUNCT
fbem-15376	96	5	the	the	DET
fbem-15376	96	6	cash	cash	NOUN
fbem-15376	96	7	flow	flow	NOUN
fbem-15376	96	8	was	be	AUX
fbem-15376	96	9	-47,214	-47,214	PUNCT
fbem-15376	96	10	thousand	thousand	NUM
fbem-15376	96	11	rmb	rmb	NOUN
fbem-15376	96	12	,	,	PUNCT
fbem-15376	96	13	but	but	CCONJ
fbem-15376	96	14	it	it	PRON
fbem-15376	96	15	dramatically	dramatically	ADV
fbem-15376	96	16	surged	surge	VERB
fbem-15376	96	17	to	to	ADP
fbem-15376	96	18	2,357,770	2,357,770	NUM
fbem-15376	96	19	thousand	thousand	NUM
fbem-15376	96	20	rmb	rmb	NOUN
fbem-15376	96	21	in	in	ADP
fbem-15376	96	22	q2	q2	PROPN
fbem-15376	96	23	2019	2019	NUM
fbem-15376	96	24	,	,	PUNCT
fbem-15376	96	25	a	a	DET
fbem-15376	96	26	significant	significant	ADJ
fbem-15376	96	27	increase	increase	NOUN
fbem-15376	96	28	of	of	ADP
fbem-15376	96	29	1,884,03	1,884,03	NUM
fbem-15376	96	30	thousand	thousand	NUM
fbem-15376	96	31	rmb	rmb	NOUN
fbem-15376	96	32	.	.	PUNCT
fbem-15376	97	1	by	by	ADP
fbem-15376	97	2	september	september	PROPN
fbem-15376	97	3	30th	30th	NOUN
fbem-15376	97	4	,	,	PUNCT
fbem-15376	97	5	it	it	PRON
fbem-15376	97	6	had	have	AUX
fbem-15376	97	7	further	far	ADV
fbem-15376	97	8	risen	rise	VERB
fbem-15376	97	9	to	to	ADP
fbem-15376	97	10	2,882,920	2,882,920	NUM
fbem-15376	97	11	thousand	thousand	NUM
fbem-15376	97	12	rmb	rmb	NOUN
fbem-15376	97	13	.	.	PUNCT
fbem-15376	98	1	these	these	DET
fbem-15376	98	2	substantial	substantial	ADJ
fbem-15376	98	3	fluctuations	fluctuation	NOUN
fbem-15376	98	4	in	in	ADP
fbem-15376	98	5	the	the	DET
fbem-15376	98	6	third	third	ADJ
fbem-15376	98	7	and	and	CCONJ
fbem-15376	98	8	fourth	fourth	ADJ
fbem-15376	98	9	quarters	quarter	NOUN
fbem-15376	98	10	of	of	ADP
fbem-15376	98	11	2019	2019	NUM
fbem-15376	98	12	raise	raise	NOUN
fbem-15376	98	13	doubts	doubt	NOUN
fbem-15376	98	14	about	about	ADP
fbem-15376	98	15	the	the	DET
fbem-15376	98	16	company	company	NOUN
fbem-15376	98	17	's	's	PART
fbem-15376	98	18	financial	financial	ADJ
fbem-15376	98	19	stability	stability	NOUN
fbem-15376	98	20	during	during	ADP
fbem-15376	98	21	that	that	DET
fbem-15376	98	22	period	period	NOUN
fbem-15376	98	23	.	.	PUNCT
fbem-15376	99	1	in	in	ADP
fbem-15376	99	2	contrast	contrast	NOUN
fbem-15376	99	3	,	,	PUNCT
fbem-15376	99	4	starbucks	starbuck	NOUN
fbem-15376	99	5	,	,	PUNCT
fbem-15376	99	6	an	an	DET
fbem-15376	99	7	industry	industry	NOUN
fbem-15376	99	8	leader	leader	NOUN
fbem-15376	99	9	,	,	PUNCT
fbem-15376	99	10	consistently	consistently	ADV
fbem-15376	99	11	generated	generate	VERB
fbem-15376	99	12	positive	positive	ADJ
fbem-15376	99	13	net	net	ADJ
fbem-15376	99	14	cash	cash	NOUN
fbem-15376	99	15	flow	flow	NOUN
fbem-15376	99	16	77	77	NUM
fbem-15376	99	17	from	from	ADP
fbem-15376	99	18	operating	operate	VERB
fbem-15376	99	19	activities	activity	NOUN
fbem-15376	99	20	,	,	PUNCT
fbem-15376	99	21	indicating	indicate	VERB
fbem-15376	99	22	healthy	healthy	ADJ
fbem-15376	99	23	growth	growth	NOUN
fbem-15376	99	24	over	over	ADP
fbem-15376	99	25	time	time	NOUN
fbem-15376	99	26	.	.	PUNCT
fbem-15376	100	1	this	this	PRON
fbem-15376	100	2	suggests	suggest	VERB
fbem-15376	100	3	that	that	SCONJ
fbem-15376	100	4	starbucks	starbuck	NOUN
fbem-15376	100	5	was	be	AUX
fbem-15376	100	6	experiencing	experience	VERB
fbem-15376	100	7	favorable	favorable	ADJ
fbem-15376	100	8	development	development	NOUN
fbem-15376	100	9	,	,	PUNCT
fbem-15376	100	10	while	while	SCONJ
fbem-15376	100	11	luckin	luckin	ADJ
fbem-15376	100	12	coffee	coffee	NOUN
fbem-15376	100	13	faced	face	VERB
fbem-15376	100	14	financial	financial	ADJ
fbem-15376	100	15	challenges	challenge	NOUN
fbem-15376	100	16	.	.	PUNCT
fbem-15376	101	1	figure	figure	VERB
fbem-15376	101	2	4	4	NUM
fbem-15376	101	3	.	.	PUNCT
fbem-15376	101	4	lk	lk	PROPN
fbem-15376	101	5	revenue	revenue	NOUN
fbem-15376	101	6	and	and	CCONJ
fbem-15376	101	7	net	net	ADJ
fbem-15376	101	8	profit	profit	NOUN
fbem-15376	101	9	situation	situation	NOUN
fbem-15376	101	10	luckin	luckin	PROPN
fbem-15376	101	11	coffee	coffee	NOUN
fbem-15376	101	12	's	's	PART
fbem-15376	101	13	operating	operate	VERB
fbem-15376	101	14	profit	profit	NOUN
fbem-15376	101	15	margin	margin	NOUN
fbem-15376	101	16	remained	remain	VERB
fbem-15376	101	17	consistently	consistently	ADV
fbem-15376	101	18	negative	negative	ADJ
fbem-15376	101	19	in	in	ADP
fbem-15376	101	20	each	each	DET
fbem-15376	101	21	quarter	quarter	NOUN
fbem-15376	101	22	of	of	ADP
fbem-15376	101	23	2018	2018	NUM
fbem-15376	101	24	and	and	CCONJ
fbem-15376	101	25	2019	2019	NUM
fbem-15376	101	26	,	,	PUNCT
fbem-15376	101	27	as	as	SCONJ
fbem-15376	101	28	shown	show	VERB
fbem-15376	101	29	in	in	ADP
fbem-15376	101	30	the	the	DET
fbem-15376	101	31	chart	chart	NOUN
fbem-15376	101	32	below	below	ADV
fbem-15376	101	33	.	.	PUNCT
fbem-15376	102	1	however	however	ADV
fbem-15376	102	2	,	,	PUNCT
fbem-15376	102	3	in	in	ADP
fbem-15376	102	4	the	the	DET
fbem-15376	102	5	third	third	ADJ
fbem-15376	102	6	quarter	quarter	NOUN
fbem-15376	102	7	of	of	ADP
fbem-15376	102	8	2019	2019	NUM
fbem-15376	102	9	,	,	PUNCT
fbem-15376	102	10	there	there	PRON
fbem-15376	102	11	was	be	VERB
fbem-15376	102	12	a	a	DET
fbem-15376	102	13	significant	significant	ADJ
fbem-15376	102	14	improvement	improvement	NOUN
fbem-15376	102	15	in	in	ADP
fbem-15376	102	16	the	the	DET
fbem-15376	102	17	operating	operate	VERB
fbem-15376	102	18	margin	margin	NOUN
fbem-15376	102	19	.	.	PUNCT
fbem-15376	103	1	when	when	SCONJ
fbem-15376	103	2	comparing	compare	VERB
fbem-15376	103	3	these	these	DET
fbem-15376	103	4	quarters	quarter	NOUN
fbem-15376	103	5	,	,	PUNCT
fbem-15376	103	6	it	it	PRON
fbem-15376	103	7	becomes	become	VERB
fbem-15376	103	8	evident	evident	ADJ
fbem-15376	103	9	that	that	SCONJ
fbem-15376	103	10	luckin	luckin	ADJ
fbem-15376	103	11	coffee	coffee	NOUN
fbem-15376	103	12	's	's	PART
fbem-15376	103	13	total	total	ADJ
fbem-15376	103	14	revenue	revenue	NOUN
fbem-15376	103	15	suddenly	suddenly	ADV
fbem-15376	103	16	increased	increase	VERB
fbem-15376	103	17	dramatically	dramatically	ADV
fbem-15376	103	18	,	,	PUNCT
fbem-15376	103	19	indicating	indicate	VERB
fbem-15376	103	20	a	a	DET
fbem-15376	103	21	rapid	rapid	ADJ
fbem-15376	103	22	enhancement	enhancement	NOUN
fbem-15376	103	23	in	in	ADP
fbem-15376	103	24	its	its	PRON
fbem-15376	103	25	profitability	profitability	NOUN
fbem-15376	103	26	.	.	PUNCT
fbem-15376	104	1	nevertheless	nevertheless	ADV
fbem-15376	104	2	,	,	PUNCT
fbem-15376	104	3	this	this	DET
fbem-15376	104	4	abrupt	abrupt	ADJ
fbem-15376	104	5	change	change	NOUN
fbem-15376	104	6	in	in	ADP
fbem-15376	104	7	revenue	revenue	NOUN
fbem-15376	104	8	over	over	ADP
fbem-15376	104	9	just	just	ADV
fbem-15376	104	10	a	a	DET
fbem-15376	104	11	few	few	ADJ
fbem-15376	104	12	months	month	NOUN
fbem-15376	104	13	is	be	AUX
fbem-15376	104	14	somewhat	somewhat	ADV
fbem-15376	104	15	unusual	unusual	ADJ
fbem-15376	104	16	,	,	PUNCT
fbem-15376	104	17	and	and	CCONJ
fbem-15376	104	18	such	such	ADJ
fbem-15376	104	19	substantial	substantial	ADJ
fbem-15376	104	20	fluctuations	fluctuation	NOUN
fbem-15376	104	21	in	in	ADP
fbem-15376	104	22	operating	operate	VERB
fbem-15376	104	23	income	income	NOUN
fbem-15376	104	24	within	within	ADP
fbem-15376	104	25	a	a	DET
fbem-15376	104	26	short	short	ADJ
fbem-15376	104	27	period	period	NOUN
fbem-15376	104	28	could	could	AUX
fbem-15376	104	29	understandably	understandably	ADV
fbem-15376	104	30	raise	raise	VERB
fbem-15376	104	31	suspicions	suspicion	NOUN
fbem-15376	104	32	among	among	ADP
fbem-15376	104	33	short	short	ADJ
fbem-15376	104	34	-	-	PUNCT
fbem-15376	104	35	selling	sell	VERB
fbem-15376	104	36	institutions.[3	institutions.[3	NOUN
fbem-15376	104	37	]	]	PUNCT
fbem-15376	104	38	figure	figure	NOUN
fbem-15376	104	39	5	5	NUM
fbem-15376	104	40	.	.	PUNCT
fbem-15376	105	1	profit	profit	NOUN
fbem-15376	105	2	statement	statement	NOUN
fbem-15376	105	3	4.2.2	4.2.2	X
fbem-15376	105	4	.	.	PUNCT
fbem-15376	106	1	analysis	analysis	NOUN
fbem-15376	106	2	of	of	ADP
fbem-15376	106	3	short	short	ADJ
fbem-15376	106	4	-	-	PUNCT
fbem-15376	106	5	selling	sell	VERB
fbem-15376	106	6	institutions	institution	NOUN
fbem-15376	106	7	'	'	PART
fbem-15376	106	8	investigative	investigative	ADJ
fbem-15376	106	9	methods	method	NOUN
fbem-15376	106	10	(	(	PUNCT
fbem-15376	106	11	1	1	NUM
fbem-15376	106	12	)	)	PUNCT
fbem-15376	106	13	methods	method	NOUN
fbem-15376	106	14	of	of	ADP
fbem-15376	106	15	gathering	gather	VERB
fbem-15376	106	16	evidence	evidence	NOUN
fbem-15376	106	17	for	for	ADP
fbem-15376	106	18	short	short	ADJ
fbem-15376	106	19	-	-	PUNCT
fbem-15376	106	20	selling	sell	VERB
fbem-15376	106	21	institutions	institution	NOUN
fbem-15376	106	22	,	,	PUNCT
fbem-15376	106	23	obtaining	obtain	VERB
fbem-15376	106	24	internal	internal	ADJ
fbem-15376	106	25	data	datum	NOUN
fbem-15376	106	26	and	and	CCONJ
fbem-15376	106	27	information	information	NOUN
fbem-15376	106	28	about	about	ADP
fbem-15376	106	29	a	a	DET
fbem-15376	106	30	company	company	NOUN
fbem-15376	106	31	can	can	AUX
fbem-15376	106	32	be	be	AUX
fbem-15376	106	33	a	a	DET
fbem-15376	106	34	challenging	challenging	ADJ
fbem-15376	106	35	task	task	NOUN
fbem-15376	106	36	,	,	PUNCT
fbem-15376	106	37	sometimes	sometimes	ADV
fbem-15376	106	38	requiring	require	VERB
fbem-15376	106	39	high	high	ADJ
fbem-15376	106	40	-	-	PUNCT
fbem-15376	106	41	cost	cost	NOUN
fbem-15376	106	42	and	and	CCONJ
fbem-15376	106	43	high	high	ADJ
fbem-15376	106	44	-	-	PUNCT
fbem-15376	106	45	risk	risk	NOUN
fbem-15376	106	46	methods	method	NOUN
fbem-15376	106	47	.	.	PUNCT
fbem-15376	107	1	in	in	ADP
fbem-15376	107	2	the	the	DET
fbem-15376	107	3	case	case	NOUN
fbem-15376	107	4	of	of	ADP
fbem-15376	107	5	luckin	luckin	ADJ
fbem-15376	107	6	coffee	coffee	NOUN
fbem-15376	107	7	being	be	AUX
fbem-15376	107	8	targeted	target	VERB
fbem-15376	107	9	by	by	ADP
fbem-15376	107	10	muddy	muddy	ADJ
fbem-15376	107	11	waters	water	NOUN
fbem-15376	107	12	for	for	ADP
fbem-15376	107	13	short	short	ADJ
fbem-15376	107	14	-	-	PUNCT
fbem-15376	107	15	selling	selling	NOUN
fbem-15376	107	16	,	,	PUNCT
fbem-15376	107	17	muddy	muddy	ADJ
fbem-15376	107	18	waters	water	NOUN
fbem-15376	107	19	mobilized	mobilize	VERB
fbem-15376	107	20	92	92	NUM
fbem-15376	107	21	full	full	ADJ
fbem-15376	107	22	-	-	PUNCT
fbem-15376	107	23	time	time	NOUN
fbem-15376	107	24	employees	employee	NOUN
fbem-15376	107	25	and	and	CCONJ
fbem-15376	107	26	1,418	1,418	NUM
fbem-15376	107	27	part	part	ADJ
fbem-15376	107	28	-	-	PUNCT
fbem-15376	107	29	time	time	NOUN
fbem-15376	107	30	employees	employee	NOUN
fbem-15376	107	31	to	to	PART
fbem-15376	107	32	conduct	conduct	VERB
fbem-15376	107	33	surveillance	surveillance	NOUN
fbem-15376	107	34	during	during	ADP
fbem-15376	107	35	981	981	NUM
fbem-15376	107	36	days	day	NOUN
fbem-15376	107	37	across	across	ADP
fbem-15376	107	38	the	the	DET
fbem-15376	107	39	company	company	NOUN
fbem-15376	107	40	's	's	PART
fbem-15376	107	41	stores	store	NOUN
fbem-15376	107	42	.	.	PUNCT
fbem-15376	108	1	researchers	researcher	NOUN
fbem-15376	108	2	monitored	monitor	VERB
fbem-15376	108	3	individual	individual	ADJ
fbem-15376	108	4	stores	store	NOUN
fbem-15376	108	5	throughout	throughout	ADP
fbem-15376	108	6	the	the	DET
fbem-15376	108	7	day	day	NOUN
fbem-15376	108	8	,	,	PUNCT
fbem-15376	108	9	recording	recording	NOUN
fbem-15376	108	10	data	datum	NOUN
fbem-15376	108	11	related	relate	VERB
fbem-15376	108	12	to	to	ADP
fbem-15376	108	13	both	both	DET
fbem-15376	108	14	delivery	delivery	NOUN
fbem-15376	108	15	and	and	CCONJ
fbem-15376	108	16	in	in	ADP
fbem-15376	108	17	-	-	PUNCT
fbem-15376	108	18	store	store	NOUN
fbem-15376	108	19	sales	sale	NOUN
fbem-15376	108	20	.	.	PUNCT
fbem-15376	109	1	in	in	ADP
fbem-15376	109	2	the	the	DET
fbem-15376	109	3	third	third	ADJ
fbem-15376	109	4	and	and	CCONJ
fbem-15376	109	5	fourth	fourth	ADJ
fbem-15376	109	6	quarters	quarter	NOUN
fbem-15376	109	7	of	of	ADP
fbem-15376	109	8	2019	2019	NUM
fbem-15376	109	9	,	,	PUNCT
fbem-15376	109	10	it	it	PRON
fbem-15376	109	11	was	be	AUX
fbem-15376	109	12	found	find	VERB
fbem-15376	109	13	that	that	SCONJ
fbem-15376	109	14	luckin	luckin	ADJ
fbem-15376	109	15	coffee	coffee	NOUN
fbem-15376	109	16	had	have	AUX
fbem-15376	109	17	exaggerated	exaggerate	VERB
fbem-15376	109	18	the	the	DET
fbem-15376	109	19	daily	daily	ADJ
fbem-15376	109	20	sales	sale	NOUN
fbem-15376	109	21	of	of	ADP
fbem-15376	109	22	each	each	DET
fbem-15376	109	23	store	store	NOUN
fbem-15376	109	24	by	by	ADP
fbem-15376	109	25	over	over	ADP
fbem-15376	109	26	69	69	NUM
fbem-15376	109	27	%	%	NOUN
fbem-15376	109	28	and	and	CCONJ
fbem-15376	109	29	88	88	NUM
fbem-15376	109	30	%	%	NOUN
fbem-15376	109	31	,	,	PUNCT
fbem-15376	109	32	respectively	respectively	ADV
fbem-15376	109	33	.	.	PUNCT
fbem-15376	110	1	company	company	NOUN
fbem-15376	110	2	executives	executive	NOUN
fbem-15376	110	3	became	become	VERB
fbem-15376	110	4	aware	aware	ADJ
fbem-15376	110	5	that	that	SCONJ
fbem-15376	110	6	more	more	ADJ
fbem-15376	110	7	and	and	CCONJ
fbem-15376	110	8	more	more	ADJ
fbem-15376	110	9	investors	investor	NOUN
fbem-15376	110	10	and	and	CCONJ
fbem-15376	110	11	data	datum	NOUN
fbem-15376	110	12	companies	company	NOUN
fbem-15376	110	13	were	be	AUX
fbem-15376	110	14	tracking	track	VERB
fbem-15376	110	15	their	their	PRON
fbem-15376	110	16	qr	qr	NOUN
fbem-15376	110	17	codes	code	NOUN
fbem-15376	110	18	as	as	ADP
fbem-15376	110	19	part	part	NOUN
fbem-15376	110	20	of	of	ADP
fbem-15376	110	21	their	their	PRON
fbem-15376	110	22	due	due	ADJ
fbem-15376	110	23	diligence	diligence	NOUN
fbem-15376	110	24	.	.	PUNCT
fbem-15376	111	1	to	to	PART
fbem-15376	111	2	mislead	mislead	VERB
fbem-15376	111	3	investors	investor	NOUN
fbem-15376	111	4	,	,	PUNCT
fbem-15376	111	5	they	they	PRON
fbem-15376	111	6	employed	employ	VERB
fbem-15376	111	7	a	a	DET
fbem-15376	111	8	deceptive	deceptive	ADJ
fbem-15376	111	9	tactic	tactic	NOUN
fbem-15376	111	10	by	by	ADP
fbem-15376	111	11	manipulating	manipulate	VERB
fbem-15376	111	12	receipts	receipt	NOUN
fbem-15376	111	13	through	through	ADP
fbem-15376	111	14	order	order	NOUN
fbem-15376	111	15	jumping	jump	VERB
fbem-15376	111	16	.	.	PUNCT
fbem-15376	112	1	the	the	DET
fbem-15376	112	2	investigation	investigation	NOUN
fbem-15376	112	3	revealed	reveal	VERB
fbem-15376	112	4	significant	significant	ADJ
fbem-15376	112	5	fluctuations	fluctuation	NOUN
fbem-15376	112	6	in	in	ADP
fbem-15376	112	7	online	online	ADJ
fbem-15376	112	8	order	order	NOUN
fbem-15376	112	9	quantities	quantity	NOUN
fbem-15376	112	10	for	for	ADP
fbem-15376	112	11	the	the	DET
fbem-15376	112	12	same	same	ADJ
fbem-15376	112	13	store	store	NOUN
fbem-15376	112	14	on	on	ADP
fbem-15376	112	15	the	the	DET
fbem-15376	112	16	same	same	ADJ
fbem-15376	112	17	day	day	NOUN
fbem-15376	112	18	,	,	PUNCT
fbem-15376	112	19	ranging	range	VERB
fbem-15376	112	20	from	from	ADP
fbem-15376	112	21	34	34	NUM
fbem-15376	112	22	to	to	PART
fbem-15376	112	23	232	232	NUM
fbem-15376	112	24	orders	order	NOUN
fbem-15376	112	25	,	,	PUNCT
fbem-15376	112	26	with	with	ADP
fbem-15376	112	27	an	an	DET
fbem-15376	112	28	average	average	NOUN
fbem-15376	112	29	of	of	ADP
fbem-15376	112	30	106	106	NUM
fbem-15376	112	31	orders	order	NOUN
fbem-15376	112	32	per	per	ADP
fbem-15376	112	33	day	day	NOUN
fbem-15376	112	34	,	,	PUNCT
fbem-15376	112	35	equivalent	equivalent	ADJ
fbem-15376	112	36	to	to	ADP
fbem-15376	112	37	72	72	NUM
fbem-15376	112	38	%	%	NOUN
fbem-15376	112	39	of	of	ADP
fbem-15376	112	40	the	the	DET
fbem-15376	112	41	average	average	ADJ
fbem-15376	112	42	offline	offline	ADJ
fbem-15376	112	43	order	order	NOUN
fbem-15376	112	44	volume	volume	NOUN
fbem-15376	112	45	.	.	PUNCT
fbem-15376	113	1	(	(	PUNCT
fbem-15376	113	2	2)data	2)data	NUM
fbem-15376	113	3	analysis	analysis	NOUN
fbem-15376	113	4	according	accord	VERB
fbem-15376	113	5	to	to	ADP
fbem-15376	113	6	luckin	luckin	PROPN
fbem-15376	113	7	coffee	coffee	NOUN
fbem-15376	113	8	's	's	PART
fbem-15376	113	9	financial	financial	ADJ
fbem-15376	113	10	report	report	NOUN
fbem-15376	113	11	for	for	ADP
fbem-15376	113	12	the	the	DET
fbem-15376	113	13	third	third	ADJ
fbem-15376	113	14	quarter	quarter	NOUN
fbem-15376	113	15	of	of	ADP
fbem-15376	113	16	2019	2019	NUM
fbem-15376	113	17	,	,	PUNCT
fbem-15376	113	18	the	the	DET
fbem-15376	113	19	retail	retail	ADJ
fbem-15376	113	20	price	price	NOUN
fbem-15376	113	21	per	per	ADP
fbem-15376	113	22	item	item	NOUN
fbem-15376	113	23	was	be	AUX
fbem-15376	113	24	11.2	11.2	NUM
fbem-15376	113	25	rmb	rmb	NOUN
fbem-15376	113	26	,	,	PUNCT
fbem-15376	113	27	and	and	CCONJ
fbem-15376	113	28	the	the	DET
fbem-15376	113	29	selling	selling	NOUN
fbem-15376	113	30	price	price	NOUN
fbem-15376	113	31	per	per	ADP
fbem-15376	113	32	item	item	NOUN
fbem-15376	113	33	was	be	AUX
fbem-15376	113	34	also	also	ADV
fbem-15376	113	35	11.2	11.2	NUM
fbem-15376	113	36	chinese	chinese	PROPN
fbem-15376	113	37	yuan	yuan	NOUN
fbem-15376	113	38	(	(	PUNCT
fbem-15376	113	39	cny	cny	PROPN
fbem-15376	113	40	)	)	PUNCT
fbem-15376	113	41	.	.	PUNCT
fbem-15376	114	1	however	however	ADV
fbem-15376	114	2	,	,	PUNCT
fbem-15376	114	3	the	the	DET
fbem-15376	114	4	guidance	guidance	NOUN
fbem-15376	114	5	price	price	NOUN
fbem-15376	114	6	for	for	ADP
fbem-15376	114	7	the	the	DET
fbem-15376	114	8	fourth	fourth	ADJ
fbem-15376	114	9	quarter	quarter	NOUN
fbem-15376	114	10	of	of	ADP
fbem-15376	114	11	2019	2019	NUM
fbem-15376	114	12	was	be	AUX
fbem-15376	114	13	higher	high	ADJ
fbem-15376	114	14	.	.	PUNCT
fbem-15376	115	1	muddy	muddy	ADJ
fbem-15376	115	2	waters	water	NOUN
fbem-15376	115	3	collected	collect	VERB
fbem-15376	115	4	25,843	25,843	NUM
fbem-15376	115	5	receipts	receipt	NOUN
fbem-15376	115	6	,	,	PUNCT
fbem-15376	115	7	which	which	PRON
fbem-15376	115	8	showed	show	VERB
fbem-15376	115	9	a	a	DET
fbem-15376	115	10	net	net	ADJ
fbem-15376	115	11	selling	selling	NOUN
fbem-15376	115	12	price	price	NOUN
fbem-15376	115	13	of	of	ADP
fbem-15376	115	14	9.97	9.97	NUM
fbem-15376	115	15	chinese	chinese	PROPN
fbem-15376	115	16	yuan	yuan	PROPN
fbem-15376	115	17	(	(	PUNCT
fbem-15376	115	18	cny	cny	PROPN
fbem-15376	115	19	)	)	PUNCT
fbem-15376	115	20	,	,	PUNCT
fbem-15376	115	21	indicating	indicate	VERB
fbem-15376	115	22	a	a	DET
fbem-15376	115	23	12.3	12.3	NUM
fbem-15376	115	24	%	%	NOUN
fbem-15376	115	25	inflation	inflation	NOUN
fbem-15376	115	26	rate	rate	NOUN
fbem-15376	115	27	,	,	PUNCT
fbem-15376	115	28	with	with	ADP
fbem-15376	115	29	an	an	DET
fbem-15376	115	30	error	error	NOUN
fbem-15376	115	31	range	range	NOUN
fbem-15376	115	32	between	between	ADP
fbem-15376	115	33	9.87	9.87	NUM
fbem-15376	115	34	and	and	CCONJ
fbem-15376	115	35	10.07	10.07	NUM
fbem-15376	115	36	chinese	chinese	PROPN
fbem-15376	115	37	yuan	yuan	PROPN
fbem-15376	115	38	(	(	PUNCT
fbem-15376	115	39	cny	cny	PROPN
fbem-15376	115	40	)	)	PUNCT
fbem-15376	115	41	.	.	PUNCT
fbem-15376	116	1	this	this	DET
fbem-15376	116	2	significant	significant	ADJ
fbem-15376	116	3	78	78	NUM
fbem-15376	116	4	variance	variance	NOUN
fbem-15376	116	5	from	from	ADP
fbem-15376	116	6	the	the	DET
fbem-15376	116	7	retail	retail	ADJ
fbem-15376	116	8	price	price	NOUN
fbem-15376	116	9	disclosed	disclose	VERB
fbem-15376	116	10	by	by	ADP
fbem-15376	116	11	luckin	luckin	PROPN
fbem-15376	116	12	coffee	coffee	NOUN
fbem-15376	116	13	raised	raise	VERB
fbem-15376	116	14	considerable	considerable	ADJ
fbem-15376	116	15	concerns	concern	NOUN
fbem-15376	116	16	.	.	PUNCT
fbem-15376	117	1	figure	figure	VERB
fbem-15376	117	2	6	6	NUM
fbem-15376	117	3	.	.	PUNCT
fbem-15376	117	4	actual	actual	ADJ
fbem-15376	117	5	versus	versus	ADP
fbem-15376	117	6	reported	report	VERB
fbem-15376	117	7	price	price	NOUN
fbem-15376	117	8	comparison	comparison	NOUN
fbem-15376	117	9	furthermore	furthermore	ADV
fbem-15376	117	10	,	,	PUNCT
fbem-15376	117	11	ctr	ctr	PROPN
fbem-15376	117	12	pointed	point	VERB
fbem-15376	117	13	out	out	ADP
fbem-15376	117	14	that	that	SCONJ
fbem-15376	117	15	luckin	luckin	ADJ
fbem-15376	117	16	coffee	coffee	NOUN
fbem-15376	117	17	was	be	AUX
fbem-15376	117	18	the	the	DET
fbem-15376	117	19	largest	large	ADJ
fbem-15376	117	20	advertiser	advertiser	NOUN
fbem-15376	117	21	across	across	ADP
fbem-15376	117	22	all	all	DET
fbem-15376	117	23	tracked	track	VERB
fbem-15376	117	24	media	medium	NOUN
fbem-15376	117	25	channels	channel	NOUN
fbem-15376	117	26	,	,	PUNCT
fbem-15376	117	27	including	include	VERB
fbem-15376	117	28	traditional	traditional	ADJ
fbem-15376	117	29	marketing	marketing	NOUN
fbem-15376	117	30	,	,	PUNCT
fbem-15376	117	31	television	television	NOUN
fbem-15376	117	32	,	,	PUNCT
fbem-15376	117	33	radio	radio	NOUN
fbem-15376	117	34	,	,	PUNCT
fbem-15376	117	35	and	and	CCONJ
fbem-15376	117	36	out	out	ADV
fbem-15376	117	37	-	-	PUNCT
fbem-15376	117	38	ofhome	ofhome	NOUN
fbem-15376	117	39	advertising	advertising	NOUN
fbem-15376	117	40	.	.	PUNCT
fbem-15376	118	1	in	in	ADP
fbem-15376	118	2	may	may	PROPN
fbem-15376	118	3	2019	2019	NUM
fbem-15376	118	4	,	,	PUNCT
fbem-15376	118	5	luckin	luckin	PROPN
fbem-15376	118	6	allocated	allocate	VERB
fbem-15376	118	7	83	83	NUM
fbem-15376	118	8	%	%	NOUN
fbem-15376	118	9	of	of	ADP
fbem-15376	118	10	its	its	PRON
fbem-15376	118	11	marketing	marketing	NOUN
fbem-15376	118	12	budget	budget	NOUN
fbem-15376	118	13	to	to	ADP
fbem-15376	118	14	the	the	DET
fbem-15376	118	15	lcd	lcd	NOUN
fbem-15376	118	16	network	network	NOUN
fbem-15376	118	17	,	,	PUNCT
fbem-15376	118	18	12	12	NUM
fbem-15376	118	19	%	%	NOUN
fbem-15376	118	20	to	to	ADP
fbem-15376	118	21	digital	digital	ADJ
fbem-15376	118	22	billboard	billboard	NOUN
fbem-15376	118	23	frames	frame	NOUN
fbem-15376	118	24	,	,	PUNCT
fbem-15376	118	25	and	and	CCONJ
fbem-15376	118	26	the	the	DET
fbem-15376	118	27	remaining	remain	VERB
fbem-15376	118	28	5	5	NUM
fbem-15376	118	29	%	%	NOUN
fbem-15376	118	30	to	to	PART
fbem-15376	118	31	cinema	cinema	NOUN
fbem-15376	118	32	networks	network	NOUN
fbem-15376	118	33	.	.	PUNCT
fbem-15376	119	1	figure	figure	VERB
fbem-15376	119	2	7	7	NUM
fbem-15376	119	3	.	.	PUNCT
fbem-15376	120	1	digital	digital	ADJ
fbem-15376	120	2	marketing	marketing	NOUN
fbem-15376	120	3	budget	budget	NOUN
fbem-15376	120	4	however	however	ADV
fbem-15376	120	5	,	,	PUNCT
fbem-15376	120	6	luckin	luckin	PROPN
fbem-15376	120	7	coffee	coffee	NOUN
fbem-15376	120	8	's	's	PART
fbem-15376	120	9	budget	budget	NOUN
fbem-15376	120	10	for	for	ADP
fbem-15376	120	11	digital	digital	ADJ
fbem-15376	120	12	billboard	billboard	NOUN
fbem-15376	120	13	advertising	advertising	NOUN
fbem-15376	120	14	saw	see	VERB
fbem-15376	120	15	a	a	DET
fbem-15376	120	16	rapid	rapid	ADJ
fbem-15376	120	17	decline	decline	NOUN
fbem-15376	120	18	in	in	ADP
fbem-15376	120	19	june	june	PROPN
fbem-15376	120	20	and	and	CCONJ
fbem-15376	120	21	july	july	PROPN
fbem-15376	120	22	2019	2019	NUM
fbem-15376	120	23	,	,	PUNCT
fbem-15376	120	24	to	to	ADP
fbem-15376	120	25	the	the	DET
fbem-15376	120	26	extent	extent	NOUN
fbem-15376	120	27	that	that	SCONJ
fbem-15376	120	28	it	it	PRON
fbem-15376	120	29	dropped	drop	VERB
fbem-15376	120	30	out	out	ADP
fbem-15376	120	31	of	of	ADP
fbem-15376	120	32	the	the	DET
fbem-15376	120	33	top	top	NOUN
fbem-15376	120	34	10	10	NUM
fbem-15376	120	35	in	in	ADP
fbem-15376	120	36	budget	budget	NOUN
fbem-15376	120	37	allocation	allocation	NOUN
fbem-15376	120	38	.	.	PUNCT
fbem-15376	121	1	approximately	approximately	ADV
fbem-15376	121	2	336	336	NUM
fbem-15376	121	3	million	million	NUM
fbem-15376	121	4	yuan	yuan	NOUN
fbem-15376	121	5	in	in	ADP
fbem-15376	121	6	advertising	advertising	NOUN
fbem-15376	121	7	expenses	expense	NOUN
fbem-15376	121	8	disappeared	disappear	VERB
fbem-15376	121	9	during	during	ADP
fbem-15376	121	10	this	this	DET
fbem-15376	121	11	period	period	NOUN
fbem-15376	121	12	.	.	PUNCT
fbem-15376	122	1	muddy	muddy	ADJ
fbem-15376	122	2	waters	water	NOUN
fbem-15376	122	3	conducted	conduct	VERB
fbem-15376	122	4	an	an	DET
fbem-15376	122	5	analysis	analysis	NOUN
fbem-15376	122	6	of	of	ADP
fbem-15376	122	7	the	the	DET
fbem-15376	122	8	available	available	ADJ
fbem-15376	122	9	information	information	NOUN
fbem-15376	122	10	and	and	CCONJ
fbem-15376	122	11	found	find	VERB
fbem-15376	122	12	that	that	SCONJ
fbem-15376	122	13	luckin	luckin	PROPN
fbem-15376	122	14	coffee	coffee	NOUN
fbem-15376	122	15	's	's	PART
fbem-15376	122	16	third	third	ADJ
fbem-15376	122	17	-	-	PUNCT
fbem-15376	122	18	quarter	quarter	NOUN
fbem-15376	122	19	profit	profit	NOUN
fbem-15376	122	20	of	of	ADP
fbem-15376	122	21	397	397	NUM
fbem-15376	122	22	million	million	NUM
fbem-15376	122	23	yuan	yuan	NOUN
fbem-15376	122	24	was	be	AUX
fbem-15376	122	25	like	like	ADP
fbem-15376	122	26	the	the	DET
fbem-15376	122	27	336	336	NUM
fbem-15376	122	28	million	million	NUM
fbem-15376	122	29	yuan	yuan	NOUN
fbem-15376	122	30	spent	spend	VERB
fbem-15376	122	31	on	on	ADP
fbem-15376	122	32	advertising	advertising	NOUN
fbem-15376	122	33	expenses	expense	NOUN
fbem-15376	122	34	.	.	PUNCT
fbem-15376	123	1	this	this	PRON
fbem-15376	123	2	raised	raise	VERB
fbem-15376	123	3	suspicions	suspicion	NOUN
fbem-15376	123	4	that	that	SCONJ
fbem-15376	123	5	luckin	luckin	ADJ
fbem-15376	123	6	coffee	coffee	NOUN
fbem-15376	123	7	may	may	AUX
fbem-15376	123	8	have	have	AUX
fbem-15376	123	9	shifted	shift	VERB
fbem-15376	123	10	exaggerated	exaggerated	ADJ
fbem-15376	123	11	advertising	advertising	NOUN
fbem-15376	123	12	costs	cost	NOUN
fbem-15376	123	13	into	into	ADP
fbem-15376	123	14	marketing	marketing	NOUN
fbem-15376	123	15	expenses	expense	NOUN
fbem-15376	123	16	,	,	PUNCT
fbem-15376	123	17	creating	create	VERB
fbem-15376	123	18	a	a	DET
fbem-15376	123	19	false	false	ADJ
fbem-15376	123	20	impression	impression	NOUN
fbem-15376	123	21	of	of	ADP
fbem-15376	123	22	profitability	profitability	NOUN
fbem-15376	123	23	.	.	PUNCT
fbem-15376	124	1	(	(	PUNCT
fbem-15376	124	2	3)taxation	3)taxation	NUM
fbem-15376	124	3	factors	factor	NOUN
fbem-15376	124	4	in	in	ADP
fbem-15376	124	5	the	the	DET
fbem-15376	124	6	domestic	domestic	ADJ
fbem-15376	124	7	market	market	NOUN
fbem-15376	124	8	,	,	PUNCT
fbem-15376	124	9	the	the	DET
fbem-15376	124	10	value	value	NOUN
fbem-15376	124	11	-	-	PUNCT
fbem-15376	124	12	added	add	VERB
fbem-15376	124	13	tax	tax	NOUN
fbem-15376	124	14	rate	rate	NOUN
fbem-15376	124	15	for	for	ADP
fbem-15376	124	16	freshly	freshly	ADV
fbem-15376	124	17	brewed	brew	VERB
fbem-15376	124	18	products	product	NOUN
fbem-15376	124	19	or	or	CCONJ
fbem-15376	124	20	delivery	delivery	NOUN
fbem-15376	124	21	is	be	AUX
fbem-15376	124	22	6	6	NUM
fbem-15376	124	23	%	%	NOUN
fbem-15376	124	24	,	,	PUNCT
fbem-15376	124	25	while	while	SCONJ
fbem-15376	124	26	other	other	ADJ
fbem-15376	124	27	products	product	NOUN
fbem-15376	124	28	are	be	AUX
fbem-15376	124	29	subject	subject	ADJ
fbem-15376	124	30	to	to	ADP
fbem-15376	124	31	a	a	DET
fbem-15376	124	32	13	13	NUM
fbem-15376	124	33	%	%	NOUN
fbem-15376	124	34	tax	tax	NOUN
fbem-15376	124	35	rate	rate	NOUN
fbem-15376	124	36	.	.	PUNCT
fbem-15376	125	1	muddy	muddy	ADJ
fbem-15376	125	2	waters	water	NOUN
fbem-15376	125	3	used	use	VERB
fbem-15376	125	4	value	value	NOUN
fbem-15376	125	5	-	-	PUNCT
fbem-15376	125	6	added	add	VERB
fbem-15376	125	7	tax	tax	NOUN
fbem-15376	125	8	invoices	invoice	NOUN
fbem-15376	125	9	to	to	PART
fbem-15376	125	10	calculate	calculate	VERB
fbem-15376	125	11	a	a	DET
fbem-15376	125	12	blended	blend	VERB
fbem-15376	125	13	value	value	NOUN
fbem-15376	125	14	-	-	PUNCT
fbem-15376	125	15	added	add	VERB
fbem-15376	125	16	tax	tax	NOUN
fbem-15376	125	17	rate	rate	NOUN
fbem-15376	125	18	and	and	CCONJ
fbem-15376	125	19	compared	compare	VERB
fbem-15376	125	20	it	it	PRON
fbem-15376	125	21	with	with	ADP
fbem-15376	125	22	the	the	DET
fbem-15376	125	23	company	company	NOUN
fbem-15376	125	24	's	's	PART
fbem-15376	125	25	financial	financial	ADJ
fbem-15376	125	26	reports	report	NOUN
fbem-15376	125	27	.	.	PUNCT
fbem-15376	126	1	the	the	DET
fbem-15376	126	2	results	result	NOUN
fbem-15376	126	3	of	of	ADP
fbem-15376	126	4	this	this	DET
fbem-15376	126	5	calculation	calculation	NOUN
fbem-15376	126	6	showed	show	VERB
fbem-15376	126	7	significant	significant	ADJ
fbem-15376	126	8	discrepancies	discrepancy	NOUN
fbem-15376	126	9	between	between	ADP
fbem-15376	126	10	the	the	DET
fbem-15376	126	11	actual	actual	ADJ
fbem-15376	126	12	outcomes	outcome	NOUN
fbem-15376	126	13	and	and	CCONJ
fbem-15376	126	14	the	the	DET
fbem-15376	126	15	disclosures	disclosure	NOUN
fbem-15376	126	16	in	in	ADP
fbem-15376	126	17	the	the	DET
fbem-15376	126	18	financial	financial	ADJ
fbem-15376	126	19	reports	report	NOUN
fbem-15376	126	20	,	,	PUNCT
fbem-15376	126	21	further	far	ADV
fbem-15376	126	22	raising	raise	VERB
fbem-15376	126	23	suspicions	suspicion	NOUN
fbem-15376	126	24	of	of	ADP
fbem-15376	126	25	fraudulent	fraudulent	ADJ
fbem-15376	126	26	reporting	reporting	NOUN
fbem-15376	126	27	in	in	ADP
fbem-15376	126	28	luckin	luckin	PROPN
fbem-15376	126	29	coffee	coffee	NOUN
fbem-15376	126	30	's	's	PART
fbem-15376	126	31	financial	financial	ADJ
fbem-15376	126	32	statements.[7	statements.[7	NOUN
fbem-15376	126	33	]	]	X
fbem-15376	126	34	5	5	X
fbem-15376	126	35	.	.	PUNCT
fbem-15376	126	36	economic	economic	ADJ
fbem-15376	126	37	consequences	consequence	NOUN
fbem-15376	126	38	analysis	analysis	NOUN
fbem-15376	126	39	when	when	SCONJ
fbem-15376	126	40	it	it	PRON
fbem-15376	126	41	comes	come	VERB
fbem-15376	126	42	to	to	ADP
fbem-15376	126	43	the	the	DET
fbem-15376	126	44	unreliability	unreliability	NOUN
fbem-15376	126	45	of	of	ADP
fbem-15376	126	46	information	information	NOUN
fbem-15376	126	47	disclosure	disclosure	NOUN
fbem-15376	126	48	,	,	PUNCT
fbem-15376	126	49	the	the	DET
fbem-15376	126	50	economic	economic	ADJ
fbem-15376	126	51	consequences	consequence	NOUN
fbem-15376	126	52	are	be	AUX
fbem-15376	126	53	of	of	ADP
fbem-15376	126	54	paramount	paramount	ADJ
fbem-15376	126	55	importance	importance	NOUN
fbem-15376	126	56	and	and	CCONJ
fbem-15376	126	57	far	far	ADV
fbem-15376	126	58	-	-	PUNCT
fbem-15376	126	59	reaching	reach	VERB
fbem-15376	126	60	.	.	PUNCT
fbem-15376	127	1	the	the	DET
fbem-15376	127	2	opaqueness	opaqueness	NOUN
fbem-15376	127	3	of	of	ADP
fbem-15376	127	4	information	information	NOUN
fbem-15376	127	5	disclosure	disclosure	NOUN
fbem-15376	127	6	not	not	PART
fbem-15376	127	7	only	only	ADV
fbem-15376	127	8	challenges	challenge	VERB
fbem-15376	127	9	investor	investor	NOUN
fbem-15376	127	10	activity	activity	NOUN
fbem-15376	127	11	but	but	CCONJ
fbem-15376	127	12	also	also	ADV
fbem-15376	127	13	seriously	seriously	ADV
fbem-15376	127	14	threatens	threaten	VERB
fbem-15376	127	15	market	market	NOUN
fbem-15376	127	16	stability	stability	NOUN
fbem-15376	127	17	and	and	CCONJ
fbem-15376	127	18	predictability	predictability	NOUN
fbem-15376	127	19	.	.	PUNCT
fbem-15376	128	1	below	below	ADV
fbem-15376	128	2	are	be	AUX
fbem-15376	128	3	the	the	DET
fbem-15376	128	4	economic	economic	ADJ
fbem-15376	128	5	consequences	consequence	NOUN
fbem-15376	128	6	i	i	PRON
fbem-15376	128	7	have	have	AUX
fbem-15376	128	8	identified	identify	VERB
fbem-15376	128	9	as	as	ADP
fbem-15376	128	10	resulting	result	VERB
fbem-15376	128	11	from	from	ADP
fbem-15376	128	12	the	the	DET
fbem-15376	128	13	unreliability	unreliability	NOUN
fbem-15376	128	14	of	of	ADP
fbem-15376	128	15	information	information	NOUN
fbem-15376	128	16	disclosure	disclosure	NOUN
fbem-15376	128	17	:	:	PUNCT
fbem-15376	128	18	5.1	5.1	NUM
fbem-15376	128	19	.	.	PUNCT
fbem-15376	129	1	eroding	erode	VERB
fbem-15376	129	2	investor	investor	NOUN
fbem-15376	129	3	confidence	confidence	NOUN
fbem-15376	129	4	and	and	CCONJ
fbem-15376	129	5	market	market	NOUN
fbem-15376	129	6	turbulence	turbulence	NOUN
fbem-15376	129	7	the	the	DET
fbem-15376	129	8	unreliability	unreliability	NOUN
fbem-15376	129	9	of	of	ADP
fbem-15376	129	10	information	information	NOUN
fbem-15376	129	11	disclosure	disclosure	NOUN
fbem-15376	129	12	directly	directly	ADV
fbem-15376	129	13	damages	damage	VERB
fbem-15376	129	14	investor	investor	NOUN
fbem-15376	129	15	confidence	confidence	NOUN
fbem-15376	129	16	in	in	ADP
fbem-15376	129	17	the	the	DET
fbem-15376	129	18	true	true	ADJ
fbem-15376	129	19	state	state	NOUN
fbem-15376	129	20	of	of	ADP
fbem-15376	129	21	a	a	DET
fbem-15376	129	22	company	company	NOUN
fbem-15376	129	23	,	,	PUNCT
fbem-15376	129	24	leading	lead	VERB
fbem-15376	129	25	to	to	ADP
fbem-15376	129	26	investor	investor	NOUN
fbem-15376	129	27	doubts	doubt	NOUN
fbem-15376	129	28	and	and	CCONJ
fbem-15376	129	29	uncertainty	uncertainty	NOUN
fbem-15376	129	30	.	.	PUNCT
fbem-15376	130	1	in	in	ADP
fbem-15376	130	2	such	such	ADJ
fbem-15376	130	3	circumstances	circumstance	NOUN
fbem-15376	130	4	,	,	PUNCT
fbem-15376	130	5	investors	investor	NOUN
fbem-15376	130	6	lack	lack	VERB
fbem-15376	130	7	a	a	DET
fbem-15376	130	8	reliable	reliable	ADJ
fbem-15376	130	9	basis	basis	NOUN
fbem-15376	130	10	for	for	ADP
fbem-15376	130	11	making	make	VERB
fbem-15376	130	12	investment	investment	NOUN
fbem-15376	130	13	decisions	decision	NOUN
fbem-15376	130	14	and	and	CCONJ
fbem-15376	130	15	may	may	AUX
fbem-15376	130	16	opt	opt	VERB
fbem-15376	130	17	for	for	ADP
fbem-15376	130	18	conservative	conservative	ADJ
fbem-15376	130	19	strategies	strategy	NOUN
fbem-15376	130	20	or	or	CCONJ
fbem-15376	130	21	even	even	ADV
fbem-15376	130	22	withdraw	withdraw	VERB
fbem-15376	130	23	from	from	ADP
fbem-15376	130	24	the	the	DET
fbem-15376	130	25	market	market	NOUN
fbem-15376	130	26	.	.	PUNCT
fbem-15376	131	1	this	this	DET
fbem-15376	131	2	chain	chain	NOUN
fbem-15376	131	3	reaction	reaction	NOUN
fbem-15376	131	4	can	can	AUX
fbem-15376	131	5	lead	lead	VERB
fbem-15376	131	6	to	to	ADP
fbem-15376	131	7	market	market	NOUN
fbem-15376	131	8	turbulence	turbulence	NOUN
fbem-15376	131	9	,	,	PUNCT
fbem-15376	131	10	with	with	ADP
fbem-15376	131	11	significant	significant	ADJ
fbem-15376	131	12	increases	increase	NOUN
fbem-15376	131	13	in	in	ADP
fbem-15376	131	14	stock	stock	NOUN
fbem-15376	131	15	price	price	NOUN
fbem-15376	131	16	volatility.[8	volatility.[8	NOUN
fbem-15376	131	17	]	]	PUNCT
fbem-15376	131	18	5.2	5.2	NUM
fbem-15376	131	19	.	.	PUNCT
fbem-15376	132	1	reduced	reduce	VERB
fbem-15376	132	2	market	market	NOUN
fbem-15376	132	3	liquidity	liquidity	NOUN
fbem-15376	132	4	investor	investor	NOUN
fbem-15376	132	5	mistrust	mistrust	NOUN
fbem-15376	132	6	of	of	ADP
fbem-15376	132	7	information	information	NOUN
fbem-15376	132	8	leads	lead	VERB
fbem-15376	132	9	them	they	PRON
fbem-15376	132	10	to	to	PART
fbem-15376	132	11	be	be	AUX
fbem-15376	132	12	more	more	ADV
fbem-15376	132	13	cautious	cautious	ADJ
fbem-15376	132	14	about	about	ADP
fbem-15376	132	15	market	market	NOUN
fbem-15376	132	16	behavior	behavior	NOUN
fbem-15376	132	17	,	,	PUNCT
fbem-15376	132	18	resulting	result	VERB
fbem-15376	132	19	in	in	ADP
fbem-15376	132	20	reduced	reduce	VERB
fbem-15376	132	21	trading	trading	NOUN
fbem-15376	132	22	frequency	frequency	NOUN
fbem-15376	132	23	.	.	PUNCT
fbem-15376	133	1	this	this	PRON
fbem-15376	133	2	decreased	decrease	VERB
fbem-15376	133	3	market	market	NOUN
fbem-15376	133	4	liquidity	liquidity	NOUN
fbem-15376	133	5	can	can	AUX
fbem-15376	133	6	make	make	VERB
fbem-15376	133	7	it	it	PRON
fbem-15376	133	8	challenging	challenge	VERB
fbem-15376	133	9	for	for	ADP
fbem-15376	133	10	buying	buy	VERB
fbem-15376	133	11	and	and	CCONJ
fbem-15376	133	12	selling	sell	VERB
fbem-15376	133	13	parties	party	NOUN
fbem-15376	133	14	to	to	PART
fbem-15376	133	15	reach	reach	VERB
fbem-15376	133	16	consensus	consensus	NOUN
fbem-15376	133	17	,	,	PUNCT
fbem-15376	133	18	slowing	slow	VERB
fbem-15376	133	19	down	down	ADP
fbem-15376	133	20	the	the	DET
fbem-15376	133	21	flow	flow	NOUN
fbem-15376	133	22	of	of	ADP
fbem-15376	133	23	funds	fund	NOUN
fbem-15376	133	24	within	within	ADP
fbem-15376	133	25	the	the	DET
fbem-15376	133	26	market	market	NOUN
fbem-15376	133	27	.	.	PUNCT
fbem-15376	134	1	as	as	ADP
fbem-15376	134	2	a	a	DET
fbem-15376	134	3	result	result	NOUN
fbem-15376	134	4	,	,	PUNCT
fbem-15376	134	5	overall	overall	ADJ
fbem-15376	134	6	market	market	NOUN
fbem-15376	134	7	activity	activity	NOUN
fbem-15376	134	8	is	be	AUX
fbem-15376	134	9	forced	force	VERB
fbem-15376	134	10	to	to	PART
fbem-15376	134	11	decline	decline	VERB
fbem-15376	134	12	.	.	PUNCT
fbem-15376	135	1	5.3	5.3	NUM
fbem-15376	135	2	.	.	PUNCT
fbem-15376	135	3	increased	increase	VERB
fbem-15376	135	4	corporate	corporate	ADJ
fbem-15376	135	5	financing	financing	NOUN
fbem-15376	135	6	costs	cost	NOUN
fbem-15376	135	7	under	under	ADP
fbem-15376	135	8	circumstances	circumstance	NOUN
fbem-15376	135	9	of	of	ADP
fbem-15376	135	10	unreliable	unreliable	ADJ
fbem-15376	135	11	information	information	NOUN
fbem-15376	135	12	disclosure	disclosure	NOUN
fbem-15376	135	13	,	,	PUNCT
fbem-15376	135	14	investors	investor	NOUN
fbem-15376	135	15	may	may	AUX
fbem-15376	135	16	harbor	harbor	VERB
fbem-15376	135	17	doubts	doubt	NOUN
fbem-15376	135	18	about	about	ADP
fbem-15376	135	19	a	a	DET
fbem-15376	135	20	company	company	NOUN
fbem-15376	135	21	's	's	PART
fbem-15376	135	22	future	future	ADJ
fbem-15376	135	23	performance	performance	NOUN
fbem-15376	135	24	,	,	PUNCT
fbem-15376	135	25	demanding	demand	VERB
fbem-15376	135	26	higher	high	ADJ
fbem-15376	135	27	returns	return	NOUN
fbem-15376	135	28	to	to	PART
fbem-15376	135	29	compensate	compensate	VERB
fbem-15376	135	30	for	for	ADP
fbem-15376	135	31	the	the	DET
fbem-15376	135	32	79	79	NUM
fbem-15376	135	33	perceived	perceive	VERB
fbem-15376	135	34	risk	risk	NOUN
fbem-15376	135	35	when	when	SCONJ
fbem-15376	135	36	providing	provide	VERB
fbem-15376	135	37	financing	financing	NOUN
fbem-15376	135	38	.	.	PUNCT
fbem-15376	136	1	companies	company	NOUN
fbem-15376	136	2	may	may	AUX
fbem-15376	136	3	end	end	VERB
fbem-15376	136	4	up	up	ADP
fbem-15376	136	5	paying	pay	VERB
fbem-15376	136	6	higher	high	ADJ
fbem-15376	136	7	interest	interest	NOUN
fbem-15376	136	8	rates	rate	NOUN
fbem-15376	136	9	or	or	CCONJ
fbem-15376	136	10	equity	equity	NOUN
fbem-15376	136	11	costs	cost	NOUN
fbem-15376	136	12	when	when	SCONJ
fbem-15376	136	13	raising	raise	VERB
fbem-15376	136	14	capital	capital	NOUN
fbem-15376	136	15	,	,	PUNCT
fbem-15376	136	16	thereby	thereby	ADV
fbem-15376	136	17	increasing	increase	VERB
fbem-15376	136	18	the	the	DET
fbem-15376	136	19	burden	burden	NOUN
fbem-15376	136	20	of	of	ADP
fbem-15376	136	21	financing	financing	NOUN
fbem-15376	136	22	,	,	PUNCT
fbem-15376	136	23	and	and	CCONJ
fbem-15376	136	24	further	far	ADV
fbem-15376	136	25	affecting	affect	VERB
fbem-15376	136	26	the	the	DET
fbem-15376	136	27	company	company	NOUN
fbem-15376	136	28	's	's	PART
fbem-15376	136	29	growth	growth	NOUN
fbem-15376	136	30	.	.	PUNCT
fbem-15376	137	1	5.4	5.4	NUM
fbem-15376	137	2	.	.	NUM
fbem-15376	137	3	strengthened	strengthen	VERB
fbem-15376	137	4	investor	investor	NOUN
fbem-15376	137	5	protection	protection	NOUN
fbem-15376	137	6	mechanisms	mechanism	VERB
fbem-15376	137	7	the	the	DET
fbem-15376	137	8	unreliability	unreliability	NOUN
fbem-15376	137	9	of	of	ADP
fbem-15376	137	10	information	information	NOUN
fbem-15376	137	11	disclosure	disclosure	NOUN
fbem-15376	137	12	can	can	AUX
fbem-15376	137	13	trigger	trigger	VERB
fbem-15376	137	14	regulatory	regulatory	ADJ
fbem-15376	137	15	authorities	authority	NOUN
fbem-15376	137	16	to	to	PART
fbem-15376	137	17	place	place	VERB
fbem-15376	137	18	greater	great	ADJ
fbem-15376	137	19	emphasis	emphasis	NOUN
fbem-15376	137	20	on	on	ADP
fbem-15376	137	21	a	a	DET
fbem-15376	137	22	company	company	NOUN
fbem-15376	137	23	's	's	PART
fbem-15376	137	24	disclosure	disclosure	NOUN
fbem-15376	137	25	practices	practice	NOUN
fbem-15376	137	26	safeguarding	safeguard	VERB
fbem-15376	137	27	investor	investor	NOUN
fbem-15376	137	28	rights	right	NOUN
fbem-15376	137	29	.	.	PUNCT
fbem-15376	138	1	this	this	PRON
fbem-15376	138	2	may	may	AUX
fbem-15376	138	3	lead	lead	VERB
fbem-15376	138	4	to	to	ADP
fbem-15376	138	5	heightened	heightened	ADJ
fbem-15376	138	6	regulatory	regulatory	ADJ
fbem-15376	138	7	oversight	oversight	NOUN
fbem-15376	138	8	,	,	PUNCT
fbem-15376	138	9	the	the	DET
fbem-15376	138	10	development	development	NOUN
fbem-15376	138	11	and	and	CCONJ
fbem-15376	138	12	enhancement	enhancement	NOUN
fbem-15376	138	13	of	of	ADP
fbem-15376	138	14	investor	investor	NOUN
fbem-15376	138	15	protection	protection	NOUN
fbem-15376	138	16	laws	law	NOUN
fbem-15376	138	17	and	and	CCONJ
fbem-15376	138	18	regulations	regulation	NOUN
fbem-15376	138	19	,	,	PUNCT
fbem-15376	138	20	and	and	CCONJ
fbem-15376	138	21	an	an	DET
fbem-15376	138	22	increase	increase	NOUN
fbem-15376	138	23	in	in	ADP
fbem-15376	138	24	market	market	NOUN
fbem-15376	138	25	regulation	regulation	NOUN
fbem-15376	138	26	levels	level	NOUN
fbem-15376	138	27	to	to	PART
fbem-15376	138	28	ensure	ensure	VERB
fbem-15376	138	29	the	the	DET
fbem-15376	138	30	protection	protection	NOUN
fbem-15376	138	31	of	of	ADP
fbem-15376	138	32	investor	investor	NOUN
fbem-15376	138	33	interests	interest	NOUN
fbem-15376	138	34	.	.	PUNCT
fbem-15376	139	1	5.5	5.5	NUM
fbem-15376	139	2	.	.	PUNCT
fbem-15376	139	3	distortion	distortion	NOUN
fbem-15376	139	4	of	of	ADP
fbem-15376	139	5	the	the	DET
fbem-15376	139	6	economic	economic	ADJ
fbem-15376	139	7	ecosystem	ecosystem	NOUN
fbem-15376	139	8	the	the	DET
fbem-15376	139	9	unreliability	unreliability	NOUN
fbem-15376	139	10	of	of	ADP
fbem-15376	139	11	information	information	NOUN
fbem-15376	139	12	disclosure	disclosure	NOUN
fbem-15376	139	13	disrupts	disrupt	VERB
fbem-15376	139	14	the	the	DET
fbem-15376	139	15	fundamental	fundamental	ADJ
fbem-15376	139	16	rules	rule	NOUN
fbem-15376	139	17	of	of	ADP
fbem-15376	139	18	the	the	DET
fbem-15376	139	19	market	market	NOUN
fbem-15376	139	20	,	,	PUNCT
fbem-15376	139	21	distorting	distort	VERB
fbem-15376	139	22	the	the	DET
fbem-15376	139	23	economic	economic	ADJ
fbem-15376	139	24	ecosystem	ecosystem	NOUN
fbem-15376	139	25	within	within	ADP
fbem-15376	139	26	it	it	PRON
fbem-15376	139	27	.	.	PUNCT
fbem-15376	140	1	the	the	DET
fbem-15376	140	2	market	market	NOUN
fbem-15376	140	3	's	's	PART
fbem-15376	140	4	information	information	NOUN
fbem-15376	140	5	transmission	transmission	NOUN
fbem-15376	140	6	mechanisms	mechanism	NOUN
fbem-15376	140	7	become	become	VERB
fbem-15376	140	8	less	less	ADV
fbem-15376	140	9	transparent	transparent	ADJ
fbem-15376	140	10	,	,	PUNCT
fbem-15376	140	11	leading	lead	VERB
fbem-15376	140	12	investors	investor	NOUN
fbem-15376	140	13	to	to	PART
fbem-15376	140	14	doubt	doubt	VERB
fbem-15376	140	15	the	the	DET
fbem-15376	140	16	normal	normal	ADJ
fbem-15376	140	17	functioning	functioning	NOUN
fbem-15376	140	18	of	of	ADP
fbem-15376	140	19	the	the	DET
fbem-15376	140	20	market	market	NOUN
fbem-15376	140	21	,	,	PUNCT
fbem-15376	140	22	and	and	CCONJ
fbem-15376	140	23	the	the	DET
fbem-15376	140	24	market	market	NOUN
fbem-15376	140	25	's	's	PART
fbem-15376	140	26	fundamental	fundamental	ADJ
fbem-15376	140	27	principles	principle	NOUN
fbem-15376	140	28	become	become	VERB
fbem-15376	140	29	undermined	undermined	ADJ
fbem-15376	140	30	.	.	PUNCT
fbem-15376	141	1	5.6	5.6	NUM
fbem-15376	141	2	.	.	PUNCT
fbem-15376	141	3	impact	impact	NOUN
fbem-15376	141	4	in	in	ADP
fbem-15376	141	5	the	the	DET
fbem-15376	141	6	luckin	luckin	ADJ
fbem-15376	141	7	coffee	coffee	NOUN
fbem-15376	141	8	case	case	NOUN
fbem-15376	141	9	:	:	PUNCT
fbem-15376	141	10	the	the	DET
fbem-15376	141	11	unreliability	unreliability	NOUN
fbem-15376	141	12	of	of	ADP
fbem-15376	141	13	information	information	NOUN
fbem-15376	141	14	disclosure	disclosure	NOUN
fbem-15376	141	15	during	during	ADP
fbem-15376	141	16	the	the	DET
fbem-15376	141	17	luckin	luckin	PROPN
fbem-15376	141	18	coffee	coffee	NOUN
fbem-15376	141	19	fraud	fraud	NOUN
fbem-15376	141	20	case	case	NOUN
fbem-15376	141	21	directly	directly	ADV
fbem-15376	141	22	triggered	trigger	VERB
fbem-15376	141	23	market	market	NOUN
fbem-15376	141	24	instability	instability	NOUN
fbem-15376	141	25	.	.	PUNCT
fbem-15376	142	1	investor	investor	NOUN
fbem-15376	142	2	confidence	confidence	NOUN
fbem-15376	142	3	was	be	AUX
fbem-15376	142	4	eroded	erode	VERB
fbem-15376	142	5	,	,	PUNCT
fbem-15376	142	6	leading	lead	VERB
fbem-15376	142	7	to	to	ADP
fbem-15376	142	8	a	a	DET
fbem-15376	142	9	sharp	sharp	ADJ
fbem-15376	142	10	decline	decline	NOUN
fbem-15376	142	11	in	in	ADP
fbem-15376	142	12	stock	stock	NOUN
fbem-15376	142	13	prices	price	NOUN
fbem-15376	142	14	and	and	CCONJ
fbem-15376	142	15	a	a	DET
fbem-15376	142	16	significant	significant	ADJ
fbem-15376	142	17	loss	loss	NOUN
fbem-15376	142	18	of	of	ADP
fbem-15376	142	19	market	market	NOUN
fbem-15376	142	20	capitalization	capitalization	NOUN
fbem-15376	142	21	.	.	PUNCT
fbem-15376	143	1	investors	investor	NOUN
fbem-15376	143	2	who	who	PRON
fbem-15376	143	3	had	have	AUX
fbem-15376	143	4	bought	buy	VERB
fbem-15376	143	5	substantial	substantial	ADJ
fbem-15376	143	6	amounts	amount	NOUN
fbem-15376	143	7	of	of	ADP
fbem-15376	143	8	luckin	luckin	ADJ
fbem-15376	143	9	coffee	coffee	NOUN
fbem-15376	143	10	stocks	stock	NOUN
fbem-15376	143	11	prior	prior	ADV
fbem-15376	143	12	to	to	ADP
fbem-15376	143	13	the	the	DET
fbem-15376	143	14	revelation	revelation	NOUN
fbem-15376	143	15	of	of	ADP
fbem-15376	143	16	financial	financial	ADJ
fbem-15376	143	17	fraud	fraud	NOUN
fbem-15376	143	18	suffered	suffer	VERB
fbem-15376	143	19	massive	massive	ADJ
fbem-15376	143	20	losses	loss	NOUN
fbem-15376	143	21	as	as	SCONJ
fbem-15376	143	22	they	they	PRON
fbem-15376	143	23	were	be	AUX
fbem-15376	143	24	caught	catch	VERB
fbem-15376	143	25	off	off	ADP
fbem-15376	143	26	guard	guard	NOUN
fbem-15376	143	27	by	by	ADP
fbem-15376	143	28	the	the	DET
fbem-15376	143	29	sudden	sudden	ADJ
fbem-15376	143	30	short	short	ADJ
fbem-15376	143	31	-	-	PUNCT
fbem-15376	143	32	selling	sell	VERB
fbem-15376	143	33	actions	action	NOUN
fbem-15376	143	34	of	of	ADP
fbem-15376	143	35	muddy	muddy	ADJ
fbem-15376	143	36	waters	water	NOUN
fbem-15376	143	37	.	.	PUNCT
fbem-15376	144	1	furthermore	furthermore	ADV
fbem-15376	144	2	,	,	PUNCT
fbem-15376	144	3	this	this	DET
fbem-15376	144	4	event	event	NOUN
fbem-15376	144	5	raised	raise	VERB
fbem-15376	144	6	concerns	concern	NOUN
fbem-15376	144	7	in	in	ADP
fbem-15376	144	8	the	the	DET
fbem-15376	144	9	market	market	NOUN
fbem-15376	144	10	about	about	ADP
fbem-15376	144	11	the	the	DET
fbem-15376	144	12	authenticity	authenticity	NOUN
fbem-15376	144	13	of	of	ADP
fbem-15376	144	14	information	information	NOUN
fbem-15376	144	15	disclosure	disclosure	NOUN
fbem-15376	144	16	by	by	ADP
fbem-15376	144	17	other	other	ADJ
fbem-15376	144	18	companies	company	NOUN
fbem-15376	144	19	,	,	PUNCT
fbem-15376	144	20	contributing	contribute	VERB
fbem-15376	144	21	to	to	ADP
fbem-15376	144	22	an	an	DET
fbem-15376	144	23	overall	overall	ADJ
fbem-15376	144	24	sense	sense	NOUN
fbem-15376	144	25	of	of	ADP
fbem-15376	144	26	unease	unease	NOUN
fbem-15376	144	27	.	.	PUNCT
fbem-15376	145	1	in	in	ADP
fbem-15376	145	2	summary	summary	NOUN
fbem-15376	145	3	,	,	PUNCT
fbem-15376	145	4	the	the	DET
fbem-15376	145	5	unreliability	unreliability	NOUN
fbem-15376	145	6	of	of	ADP
fbem-15376	145	7	information	information	NOUN
fbem-15376	145	8	disclosure	disclosure	NOUN
fbem-15376	145	9	can	can	AUX
fbem-15376	145	10	result	result	VERB
fbem-15376	145	11	in	in	ADP
fbem-15376	145	12	various	various	ADJ
fbem-15376	145	13	economic	economic	ADJ
fbem-15376	145	14	consequences	consequence	NOUN
fbem-15376	145	15	,	,	PUNCT
fbem-15376	145	16	including	include	VERB
fbem-15376	145	17	shaken	shake	VERB
fbem-15376	145	18	investor	investor	NOUN
fbem-15376	145	19	confidence	confidence	NOUN
fbem-15376	145	20	,	,	PUNCT
fbem-15376	145	21	market	market	NOUN
fbem-15376	145	22	turbulence	turbulence	NOUN
fbem-15376	145	23	,	,	PUNCT
fbem-15376	145	24	and	and	CCONJ
fbem-15376	145	25	increased	increase	VERB
fbem-15376	145	26	financing	financing	NOUN
fbem-15376	145	27	costs	cost	NOUN
fbem-15376	145	28	for	for	ADP
fbem-15376	145	29	companies	company	NOUN
fbem-15376	145	30	.	.	PUNCT
fbem-15376	146	1	these	these	DET
fbem-15376	146	2	effects	effect	NOUN
fbem-15376	146	3	continue	continue	VERB
fbem-15376	146	4	to	to	PART
fbem-15376	146	5	impact	impact	VERB
fbem-15376	146	6	market	market	NOUN
fbem-15376	146	7	stability	stability	NOUN
fbem-15376	146	8	and	and	CCONJ
fbem-15376	146	9	investor	investor	NOUN
fbem-15376	146	10	trust	trust	NOUN
fbem-15376	146	11	,	,	PUNCT
fbem-15376	146	12	underscoring	underscore	VERB
fbem-15376	146	13	the	the	DET
fbem-15376	146	14	importance	importance	NOUN
fbem-15376	146	15	of	of	ADP
fbem-15376	146	16	transparent	transparent	ADJ
fbem-15376	146	17	and	and	CCONJ
fbem-15376	146	18	truthful	truthful	ADJ
fbem-15376	146	19	information	information	NOUN
fbem-15376	146	20	disclosure	disclosure	NOUN
fbem-15376	146	21	for	for	ADP
fbem-15376	146	22	maintaining	maintain	VERB
fbem-15376	146	23	a	a	DET
fbem-15376	146	24	healthy	healthy	ADJ
fbem-15376	146	25	market	market	NOUN
fbem-15376	146	26	.	.	PUNCT
fbem-15376	147	1	6	6	X
fbem-15376	147	2	.	.	X
fbem-15376	147	3	conclusion	conclusion	NOUN
fbem-15376	147	4	and	and	CCONJ
fbem-15376	147	5	future	future	ADJ
fbem-15376	147	6	outlook	outlook	NOUN
fbem-15376	147	7	6.1	6.1	NUM
fbem-15376	147	8	.	.	PUNCT
fbem-15376	148	1	conclusion	conclusion	NOUN
fbem-15376	148	2	this	this	DET
fbem-15376	148	3	paper	paper	NOUN
fbem-15376	148	4	has	have	AUX
fbem-15376	148	5	delved	delve	VERB
fbem-15376	148	6	into	into	ADP
fbem-15376	148	7	the	the	DET
fbem-15376	148	8	profound	profound	ADJ
fbem-15376	148	9	economic	economic	ADJ
fbem-15376	148	10	consequences	consequence	NOUN
fbem-15376	148	11	of	of	ADP
fbem-15376	148	12	information	information	NOUN
fbem-15376	148	13	disclosure	disclosure	NOUN
fbem-15376	148	14	unreliability	unreliability	NOUN
fbem-15376	148	15	,	,	PUNCT
fbem-15376	148	16	using	use	VERB
fbem-15376	148	17	the	the	DET
fbem-15376	148	18	luckin	luckin	ADJ
fbem-15376	148	19	coffee	coffee	NOUN
fbem-15376	148	20	case	case	NOUN
fbem-15376	148	21	as	as	ADP
fbem-15376	148	22	a	a	DET
fbem-15376	148	23	prime	prime	ADJ
fbem-15376	148	24	example	example	NOUN
fbem-15376	148	25	.	.	PUNCT
fbem-15376	149	1	it	it	PRON
fbem-15376	149	2	has	have	AUX
fbem-15376	149	3	provided	provide	VERB
fbem-15376	149	4	an	an	DET
fbem-15376	149	5	intricate	intricate	ADJ
fbem-15376	149	6	analysis	analysis	NOUN
fbem-15376	149	7	of	of	ADP
fbem-15376	149	8	how	how	SCONJ
fbem-15376	149	9	this	this	DET
fbem-15376	149	10	phenomenon	phenomenon	NOUN
fbem-15376	149	11	disrupts	disrupt	VERB
fbem-15376	149	12	market	market	NOUN
fbem-15376	149	13	stability	stability	NOUN
fbem-15376	149	14	and	and	CCONJ
fbem-15376	149	15	erodes	erode	VERB
fbem-15376	149	16	investor	investor	NOUN
fbem-15376	149	17	confidence	confidence	NOUN
fbem-15376	149	18	.	.	PUNCT
fbem-15376	150	1	by	by	ADP
fbem-15376	150	2	examining	examine	VERB
fbem-15376	150	3	information	information	NOUN
fbem-15376	150	4	disclosure	disclosure	NOUN
fbem-15376	150	5	unreliability	unreliability	NOUN
fbem-15376	150	6	from	from	ADP
fbem-15376	150	7	various	various	ADJ
fbem-15376	150	8	angles	angle	NOUN
fbem-15376	150	9	,	,	PUNCT
fbem-15376	150	10	we	we	PRON
fbem-15376	150	11	have	have	AUX
fbem-15376	150	12	gained	gain	VERB
fbem-15376	150	13	a	a	DET
fbem-15376	150	14	deep	deep	ADJ
fbem-15376	150	15	understanding	understanding	NOUN
fbem-15376	150	16	of	of	ADP
fbem-15376	150	17	its	its	PRON
fbem-15376	150	18	complex	complex	ADJ
fbem-15376	150	19	and	and	CCONJ
fbem-15376	150	20	multifaceted	multifaceted	ADJ
fbem-15376	150	21	impacts	impact	NOUN
fbem-15376	150	22	.	.	PUNCT
fbem-15376	151	1	in	in	ADP
fbem-15376	151	2	conclusion	conclusion	NOUN
fbem-15376	151	3	:	:	PUNCT
fbem-15376	151	4	first	first	ADV
fbem-15376	151	5	,	,	PUNCT
fbem-15376	151	6	the	the	DET
fbem-15376	151	7	luckin	luckin	ADJ
fbem-15376	151	8	coffee	coffee	NOUN
fbem-15376	151	9	case	case	NOUN
fbem-15376	151	10	vividly	vividly	ADV
fbem-15376	151	11	illustrates	illustrate	VERB
fbem-15376	151	12	how	how	SCONJ
fbem-15376	151	13	information	information	NOUN
fbem-15376	151	14	disclosure	disclosure	NOUN
fbem-15376	151	15	unreliability	unreliability	NOUN
fbem-15376	151	16	affects	affect	VERB
fbem-15376	151	17	markets	market	NOUN
fbem-15376	151	18	and	and	CCONJ
fbem-15376	151	19	investors	investor	NOUN
fbem-15376	151	20	.	.	PUNCT
fbem-15376	152	1	transparent	transparent	ADJ
fbem-15376	152	2	and	and	CCONJ
fbem-15376	152	3	accurate	accurate	ADJ
fbem-15376	152	4	information	information	NOUN
fbem-15376	152	5	disclosure	disclosure	NOUN
fbem-15376	152	6	is	be	AUX
fbem-15376	152	7	indispensable	indispensable	ADJ
fbem-15376	152	8	for	for	ADP
fbem-15376	152	9	maintaining	maintain	VERB
fbem-15376	152	10	the	the	DET
fbem-15376	152	11	health	health	NOUN
fbem-15376	152	12	of	of	ADP
fbem-15376	152	13	today	today	NOUN
fbem-15376	152	14	's	's	PART
fbem-15376	152	15	financial	financial	ADJ
fbem-15376	152	16	markets	market	NOUN
fbem-15376	152	17	.	.	PUNCT
fbem-15376	153	1	sound	sound	ADJ
fbem-15376	153	2	information	information	NOUN
fbem-15376	153	3	disclosure	disclosure	NOUN
fbem-15376	153	4	enhances	enhance	VERB
fbem-15376	153	5	investor	investor	NOUN
fbem-15376	153	6	confidence	confidence	NOUN
fbem-15376	153	7	and	and	CCONJ
fbem-15376	153	8	increases	increase	VERB
fbem-15376	153	9	market	market	NOUN
fbem-15376	153	10	liquidity	liquidity	NOUN
fbem-15376	153	11	.	.	PUNCT
fbem-15376	154	1	second	second	ADJ
fbem-15376	154	2	,	,	PUNCT
fbem-15376	154	3	the	the	DET
fbem-15376	154	4	accuracy	accuracy	NOUN
fbem-15376	154	5	of	of	ADP
fbem-15376	154	6	information	information	NOUN
fbem-15376	154	7	disclosure	disclosure	NOUN
fbem-15376	154	8	is	be	AUX
fbem-15376	154	9	closely	closely	ADV
fbem-15376	154	10	linked	link	VERB
fbem-15376	154	11	to	to	ADP
fbem-15376	154	12	a	a	DET
fbem-15376	154	13	company	company	NOUN
fbem-15376	154	14	's	's	PART
fbem-15376	154	15	financing	financing	NOUN
fbem-15376	154	16	costs	cost	NOUN
fbem-15376	154	17	,	,	PUNCT
fbem-15376	154	18	the	the	DET
fbem-15376	154	19	level	level	NOUN
fbem-15376	154	20	of	of	ADP
fbem-15376	154	21	investor	investor	NOUN
fbem-15376	154	22	protection	protection	NOUN
fbem-15376	154	23	mechanisms	mechanism	NOUN
fbem-15376	154	24	,	,	PUNCT
fbem-15376	154	25	and	and	CCONJ
fbem-15376	154	26	the	the	DET
fbem-15376	154	27	overall	overall	ADJ
fbem-15376	154	28	economic	economic	ADJ
fbem-15376	154	29	ecosystem	ecosystem	NOUN
fbem-15376	154	30	.	.	PUNCT
fbem-15376	155	1	inaccurate	inaccurate	ADJ
fbem-15376	155	2	information	information	NOUN
fbem-15376	155	3	disclosure	disclosure	NOUN
fbem-15376	155	4	can	can	AUX
fbem-15376	155	5	worsen	worsen	VERB
fbem-15376	155	6	these	these	DET
fbem-15376	155	7	conditions	condition	NOUN
fbem-15376	155	8	.	.	PUNCT
fbem-15376	156	1	third	third	ADJ
fbem-15376	156	2	,	,	PUNCT
fbem-15376	156	3	looking	look	VERB
fbem-15376	156	4	at	at	ADP
fbem-15376	156	5	the	the	DET
fbem-15376	156	6	aftermath	aftermath	NOUN
fbem-15376	156	7	of	of	ADP
fbem-15376	156	8	luckin	luckin	ADJ
fbem-15376	156	9	coffee	coffee	NOUN
fbem-15376	156	10	being	be	AUX
fbem-15376	156	11	targeted	target	VERB
fbem-15376	156	12	by	by	ADP
fbem-15376	156	13	muddy	muddy	ADJ
fbem-15376	156	14	waters	water	NOUN
fbem-15376	156	15	'	'	PART
fbem-15376	156	16	short	short	ADJ
fbem-15376	156	17	-	-	PUNCT
fbem-15376	156	18	selling	selling	NOUN
fbem-15376	156	19	,	,	PUNCT
fbem-15376	156	20	it	it	PRON
fbem-15376	156	21	is	be	AUX
fbem-15376	156	22	evident	evident	ADJ
fbem-15376	156	23	that	that	SCONJ
fbem-15376	156	24	short	short	ADJ
fbem-15376	156	25	-	-	PUNCT
fbem-15376	156	26	selling	sell	VERB
fbem-15376	156	27	mechanisms	mechanism	NOUN
fbem-15376	156	28	can	can	AUX
fbem-15376	156	29	indeed	indeed	ADV
fbem-15376	156	30	serve	serve	VERB
fbem-15376	156	31	as	as	ADP
fbem-15376	156	32	effective	effective	ADJ
fbem-15376	156	33	external	external	ADJ
fbem-15376	156	34	governance	governance	NOUN
fbem-15376	156	35	for	for	ADP
fbem-15376	156	36	companies	company	NOUN
fbem-15376	156	37	.	.	PUNCT
fbem-15376	157	1	they	they	PRON
fbem-15376	157	2	can	can	AUX
fbem-15376	157	3	effectively	effectively	ADV
fbem-15376	157	4	uncover	uncover	VERB
fbem-15376	157	5	fraudulent	fraudulent	ADJ
fbem-15376	157	6	financial	financial	ADJ
fbem-15376	157	7	practices	practice	NOUN
fbem-15376	157	8	and	and	CCONJ
fbem-15376	157	9	significantly	significantly	ADV
fbem-15376	157	10	improve	improve	VERB
fbem-15376	157	11	the	the	DET
fbem-15376	157	12	truthfulness	truthfulness	ADJ
fbem-15376	157	13	and	and	CCONJ
fbem-15376	157	14	accuracy	accuracy	NOUN
fbem-15376	157	15	of	of	ADP
fbem-15376	157	16	information	information	NOUN
fbem-15376	157	17	disclosure	disclosure	NOUN
fbem-15376	157	18	in	in	ADP
fbem-15376	157	19	the	the	DET
fbem-15376	157	20	later	later	ADJ
fbem-15376	157	21	stages	stage	NOUN
fbem-15376	157	22	.	.	PUNCT
fbem-15376	158	1	therefore	therefore	ADV
fbem-15376	158	2	,	,	PUNCT
fbem-15376	158	3	the	the	DET
fbem-15376	158	4	standpoint	standpoint	NOUN
fbem-15376	158	5	of	of	ADP
fbem-15376	158	6	this	this	DET
fbem-15376	158	7	paper	paper	NOUN
fbem-15376	158	8	is	be	AUX
fbem-15376	158	9	that	that	SCONJ
fbem-15376	158	10	information	information	NOUN
fbem-15376	158	11	disclosure	disclosure	NOUN
fbem-15376	158	12	can	can	AUX
fbem-15376	158	13	directly	directly	ADV
fbem-15376	158	14	influence	influence	VERB
fbem-15376	158	15	short	short	ADJ
fbem-15376	158	16	-	-	PUNCT
fbem-15376	158	17	selling	sell	VERB
fbem-15376	158	18	decisions	decision	NOUN
fbem-15376	158	19	,	,	PUNCT
fbem-15376	158	20	and	and	CCONJ
fbem-15376	158	21	conversely	conversely	ADV
fbem-15376	158	22	,	,	PUNCT
fbem-15376	158	23	short	short	ADJ
fbem-15376	158	24	-	-	PUNCT
fbem-15376	158	25	selling	sell	VERB
fbem-15376	158	26	mechanisms	mechanism	NOUN
fbem-15376	158	27	can	can	AUX
fbem-15376	158	28	expose	expose	VERB
fbem-15376	158	29	the	the	DET
fbem-15376	158	30	quality	quality	NOUN
fbem-15376	158	31	of	of	ADP
fbem-15376	158	32	information	information	NOUN
fbem-15376	158	33	disclosure	disclosure	NOUN
fbem-15376	158	34	.	.	PUNCT
fbem-15376	159	1	this	this	PRON
fbem-15376	159	2	serves	serve	VERB
fbem-15376	159	3	as	as	ADP
fbem-15376	159	4	a	a	DET
fbem-15376	159	5	form	form	NOUN
fbem-15376	159	6	of	of	ADP
fbem-15376	159	7	supervision	supervision	NOUN
fbem-15376	159	8	to	to	PART
fbem-15376	159	9	enhance	enhance	VERB
fbem-15376	159	10	market	market	NOUN
fbem-15376	159	11	transparency	transparency	NOUN
fbem-15376	159	12	and	and	CCONJ
fbem-15376	159	13	reduce	reduce	VERB
fbem-15376	159	14	investment	investment	NOUN
fbem-15376	159	15	risks	risk	NOUN
fbem-15376	159	16	.	.	PUNCT
fbem-15376	160	1	6.2	6.2	NUM
fbem-15376	160	2	.	.	PUNCT
fbem-15376	161	1	future	future	ADJ
fbem-15376	161	2	prospects	prospect	NOUN
fbem-15376	161	3	in	in	ADP
fbem-15376	161	4	the	the	DET
fbem-15376	161	5	age	age	NOUN
fbem-15376	161	6	of	of	ADP
fbem-15376	161	7	information	information	NOUN
fbem-15376	161	8	,	,	PUNCT
fbem-15376	161	9	the	the	DET
fbem-15376	161	10	transparency	transparency	NOUN
fbem-15376	161	11	and	and	CCONJ
fbem-15376	161	12	authenticity	authenticity	NOUN
fbem-15376	161	13	of	of	ADP
fbem-15376	161	14	information	information	NOUN
fbem-15376	161	15	disclosure	disclosure	NOUN
fbem-15376	161	16	are	be	AUX
fbem-15376	161	17	of	of	ADP
fbem-15376	161	18	paramount	paramount	ADJ
fbem-15376	161	19	importance	importance	NOUN
fbem-15376	161	20	.	.	PUNCT
fbem-15376	162	1	although	although	SCONJ
fbem-15376	162	2	china	china	PROPN
fbem-15376	162	3	's	's	PART
fbem-15376	162	4	capital	capital	NOUN
fbem-15376	162	5	market	market	NOUN
fbem-15376	162	6	is	be	AUX
fbem-15376	162	7	still	still	ADV
fbem-15376	162	8	evolving	evolve	VERB
fbem-15376	162	9	,	,	PUNCT
fbem-15376	162	10	its	its	PRON
fbem-15376	162	11	legal	legal	ADJ
fbem-15376	162	12	framework	framework	NOUN
fbem-15376	162	13	is	be	AUX
fbem-15376	162	14	not	not	PART
fbem-15376	162	15	yet	yet	ADV
fbem-15376	162	16	fully	fully	ADV
fbem-15376	162	17	developed	develop	VERB
fbem-15376	162	18	,	,	PUNCT
fbem-15376	162	19	and	and	CCONJ
fbem-15376	162	20	certain	certain	ADJ
fbem-15376	162	21	inherent	inherent	ADJ
fbem-15376	162	22	shortcomings	shortcoming	NOUN
fbem-15376	162	23	in	in	ADP
fbem-15376	162	24	short	short	ADJ
fbem-15376	162	25	-	-	PUNCT
fbem-15376	162	26	selling	sell	VERB
fbem-15376	162	27	mechanisms	mechanism	NOUN
fbem-15376	162	28	exist	exist	VERB
fbem-15376	162	29	,	,	PUNCT
fbem-15376	162	30	these	these	DET
fbem-15376	162	31	factors	factor	NOUN
fbem-15376	162	32	can	can	AUX
fbem-15376	162	33	all	all	PRON
fbem-15376	162	34	impact	impact	VERB
fbem-15376	162	35	market	market	NOUN
fbem-15376	162	36	stability	stability	NOUN
fbem-15376	162	37	and	and	CCONJ
fbem-15376	162	38	risk	risk	NOUN
fbem-15376	162	39	.	.	PUNCT
fbem-15376	163	1	to	to	PART
fbem-15376	163	2	safeguard	safeguard	VERB
fbem-15376	163	3	the	the	DET
fbem-15376	163	4	normal	normal	ADJ
fbem-15376	163	5	functioning	functioning	NOUN
fbem-15376	163	6	of	of	ADP
fbem-15376	163	7	the	the	DET
fbem-15376	163	8	market	market	NOUN
fbem-15376	163	9	and	and	CCONJ
fbem-15376	163	10	protect	protect	VERB
fbem-15376	163	11	the	the	DET
fbem-15376	163	12	rights	right	NOUN
fbem-15376	163	13	of	of	ADP
fbem-15376	163	14	investors	investor	NOUN
fbem-15376	163	15	,	,	PUNCT
fbem-15376	163	16	it	it	PRON
fbem-15376	163	17	is	be	AUX
fbem-15376	163	18	imperative	imperative	ADJ
fbem-15376	163	19	to	to	PART
fbem-15376	163	20	maintain	maintain	VERB
fbem-15376	163	21	the	the	DET
fbem-15376	163	22	truthfulness	truthfulness	ADJ
fbem-15376	163	23	of	of	ADP
fbem-15376	163	24	information	information	NOUN
fbem-15376	163	25	disclosure	disclosure	NOUN
fbem-15376	163	26	.	.	PUNCT
fbem-15376	164	1	providing	provide	VERB
fbem-15376	164	2	investors	investor	NOUN
fbem-15376	164	3	with	with	ADP
fbem-15376	164	4	a	a	DET
fbem-15376	164	5	reliable	reliable	ADJ
fbem-15376	164	6	market	market	NOUN
fbem-15376	164	7	environment	environment	NOUN
fbem-15376	164	8	and	and	CCONJ
fbem-15376	164	9	creating	create	VERB
fbem-15376	164	10	stable	stable	ADJ
fbem-15376	164	11	economic	economic	ADJ
fbem-15376	164	12	value	value	NOUN
fbem-15376	164	13	are	be	AUX
fbem-15376	164	14	essential	essential	ADJ
fbem-15376	164	15	objectives	objective	NOUN
fbem-15376	164	16	.	.	PUNCT
fbem-15376	165	1	we	we	PRON
fbem-15376	165	2	firmly	firmly	ADV
fbem-15376	165	3	believe	believe	VERB
fbem-15376	165	4	that	that	SCONJ
fbem-15376	165	5	only	only	ADV
fbem-15376	165	6	through	through	ADP
fbem-15376	165	7	continuous	continuous	ADJ
fbem-15376	165	8	exploration	exploration	NOUN
fbem-15376	165	9	and	and	CCONJ
fbem-15376	165	10	diligence	diligence	NOUN
fbem-15376	165	11	can	can	AUX
fbem-15376	165	12	we	we	PRON
fbem-15376	165	13	identify	identify	VERB
fbem-15376	165	14	and	and	CCONJ
fbem-15376	165	15	address	address	VERB
fbem-15376	165	16	issues	issue	NOUN
fbem-15376	165	17	in	in	ADP
fbem-15376	165	18	our	our	PRON
fbem-15376	165	19	market	market	NOUN
fbem-15376	165	20	.	.	PUNCT
fbem-15376	166	1	there	there	PRON
fbem-15376	166	2	is	be	VERB
fbem-15376	166	3	no	no	DET
fbem-15376	166	4	such	such	ADJ
fbem-15376	166	5	thing	thing	NOUN
fbem-15376	166	6	as	as	ADP
fbem-15376	166	7	a	a	DET
fbem-15376	166	8	perfect	perfect	ADJ
fbem-15376	166	9	market	market	NOUN
fbem-15376	166	10	from	from	ADP
fbem-15376	166	11	the	the	DET
fbem-15376	166	12	outset	outset	NOUN
fbem-15376	166	13	.	.	PUNCT
fbem-15376	167	1	as	as	SCONJ
fbem-15376	167	2	china	china	PROPN
fbem-15376	167	3	's	's	PART
fbem-15376	167	4	capital	capital	NOUN
fbem-15376	167	5	market	market	NOUN
fbem-15376	167	6	gradually	gradually	ADV
fbem-15376	167	7	matures	mature	NOUN
fbem-15376	167	8	,	,	PUNCT
fbem-15376	167	9	we	we	PRON
fbem-15376	167	10	anticipate	anticipate	VERB
fbem-15376	167	11	that	that	SCONJ
fbem-15376	167	12	the	the	DET
fbem-15376	167	13	value	value	NOUN
fbem-15376	167	14	of	of	ADP
fbem-15376	167	15	information	information	NOUN
fbem-15376	167	16	disclosure	disclosure	NOUN
fbem-15376	167	17	will	will	AUX
fbem-15376	167	18	become	become	VERB
fbem-15376	167	19	more	more	ADV
fbem-15376	167	20	accurate	accurate	ADJ
fbem-15376	167	21	,	,	PUNCT
fbem-15376	167	22	and	and	CCONJ
fbem-15376	167	23	short	short	ADJ
fbem-15376	167	24	-	-	PUNCT
fbem-15376	167	25	selling	sell	VERB
fbem-15376	167	26	mechanisms	mechanism	NOUN
fbem-15376	167	27	will	will	AUX
fbem-15376	167	28	play	play	VERB
fbem-15376	167	29	a	a	DET
fbem-15376	167	30	more	more	ADV
fbem-15376	167	31	significant	significant	ADJ
fbem-15376	167	32	role	role	NOUN
fbem-15376	167	33	in	in	ADP
fbem-15376	167	34	our	our	PRON
fbem-15376	167	35	market	market	NOUN
fbem-15376	167	36	.	.	PUNCT
fbem-15376	168	1	references	reference	NOUN
fbem-15376	168	2	[	[	X
fbem-15376	168	3	1	1	NUM
fbem-15376	168	4	]	]	X
fbem-15376	168	5	han	han	PROPN
fbem-15376	168	6	,	,	PUNCT
fbem-15376	168	7	z.	z.	PROPN
fbem-15376	168	8	,	,	PUNCT
fbem-15376	168	9	liu	liu	PROPN
fbem-15376	168	10	,	,	PUNCT
fbem-15376	168	11	z.	z.	PROPN
fbem-15376	168	12	(	(	PUNCT
fbem-15376	168	13	2020	2020	NUM
fbem-15376	168	14	)	)	PUNCT
fbem-15376	168	15	reflections	reflection	NOUN
fbem-15376	168	16	on	on	ADP
fbem-15376	168	17	the	the	DET
fbem-15376	168	18	financial	financial	ADJ
fbem-15376	168	19	fraud	fraud	NOUN
fbem-15376	168	20	of	of	ADP
fbem-15376	168	21	luckin	luckin	ADJ
fbem-15376	168	22	coffee	coffee	NOUN
fbem-15376	168	23	.	.	PUNCT
fbem-15376	169	1	cooperative	cooperative	ADJ
fbem-15376	169	2	economy	economy	NOUN
fbem-15376	169	3	and	and	CCONJ
fbem-15376	169	4	technology	technology	NOUN
fbem-15376	169	5	,	,	PUNCT
fbem-15376	169	6	1	1	NUM
fbem-15376	169	7	-	-	SYM
fbem-15376	169	8	3	3	NUM
fbem-15376	169	9	.	.	PUNCT
fbem-15376	170	1	[	[	X
fbem-15376	170	2	2	2	NUM
fbem-15376	170	3	]	]	X
fbem-15376	170	4	zheng	zheng	PROPN
fbem-15376	170	5	.	.	PUNCT
fbem-15376	170	6	j	j	PROPN
fbem-15376	170	7	,	,	PUNCT
fbem-15376	170	8	tang	tang	PROPN
fbem-15376	170	9	,	,	PUNCT
fbem-15376	170	10	y.	y.	PROPN
fbem-15376	170	11	(	(	PUNCT
fbem-15376	170	12	2020	2020	NUM
fbem-15376	170	13	)	)	PUNCT
fbem-15376	170	14	case	case	NOUN
fbem-15376	170	15	study	study	NOUN
fbem-15376	170	16	of	of	ADP
fbem-15376	170	17	luckin	luckin	PROPN
fbem-15376	170	18	coffee	coffee	PROPN
fbem-15376	170	19	financial	financial	PROPN
fbem-15376	170	20	fraud	fraud	NOUN
fbem-15376	170	21	based	base	VERB
fbem-15376	170	22	on	on	ADP
fbem-15376	170	23	theory	theory	NOUN
fbem-15376	170	24	of	of	ADP
fbem-15376	170	25	fraud	fraud	NOUN
fbem-15376	170	26	risk	risk	NOUN
fbem-15376	170	27	factors.academic	factors.academic	PROPN
fbem-15376	170	28	.	.	PROPN
fbem-15376	170	29	journal	journal	PROPN
fbem-15376	170	30	of	of	ADP
fbem-15376	170	31	business	business	PROPN
fbem-15376	170	32	&	&	CCONJ
fbem-15376	170	33	management	management	PROPN
fbem-15376	170	34	,	,	PUNCT
fbem-15376	170	35	37	37	NUM
fbem-15376	170	36	-	-	SYM
fbem-15376	170	37	42	42	NUM
fbem-15376	170	38	.	.	PUNCT
fbem-15376	171	1	[	[	X
fbem-15376	171	2	3	3	NUM
fbem-15376	171	3	]	]	X
fbem-15376	171	4	emma	emma	PROPN
fbem-15376	171	5	,	,	PUNCT
fbem-15376	171	6	c.	c.	PROPN
fbem-15376	171	7	(	(	PUNCT
fbem-15376	171	8	2021	2021	NUM
fbem-15376	171	9	)	)	PUNCT
fbem-15376	171	10	luckin	luckin	PROPN
fbem-15376	171	11	coffee	coffee	PROPN
fbem-15376	171	12	accounting	accounting	NOUN
fbem-15376	171	13	fraud	fraud	NOUN
fbem-15376	171	14	.	.	PUNCT
fbem-15376	172	1	https://sevenpillarsinstitute.org/case-study-luckin-coffeeaccounting-fraud	https://sevenpillarsinstitute.org/case-study-luckin-coffeeaccounting-fraud	NOUN
fbem-15376	172	2	.	.	PUNCT
fbem-15376	173	1	[	[	X
fbem-15376	173	2	4	4	NUM
fbem-15376	173	3	]	]	X
fbem-15376	173	4	chen	chen	PROPN
fbem-15376	173	5	,	,	PUNCT
fbem-15376	173	6	x.	x.	PROPN
fbem-15376	173	7	(	(	PUNCT
fbem-15376	173	8	2020	2020	NUM
fbem-15376	173	9	)	)	PUNCT
fbem-15376	173	10	$	$	SYM
fbem-15376	173	11	180	180	NUM
fbem-15376	173	12	million	million	NUM
fbem-15376	173	13	!	!	PUNCT
fbem-15376	174	1	the	the	DET
fbem-15376	174	2	largest	large	ADJ
fbem-15376	174	3	penalty	penalty	NOUN
fbem-15376	174	4	in	in	ADP
fbem-15376	174	5	the	the	DET
fbem-15376	174	6	history	history	NOUN
fbem-15376	174	7	of	of	ADP
fbem-15376	174	8	chinese	chinese	ADJ
fbem-15376	174	9	concept	concept	NOUN
fbem-15376	174	10	stocks	stock	NOUN
fbem-15376	174	11	,	,	PUNCT
fbem-15376	174	12	luckin	luckin	PROPN
fbem-15376	174	13	pays	pay	NOUN
fbem-15376	174	14	and	and	CCONJ
fbem-15376	174	15	escapes	escape	VERB
fbem-15376	174	16	,	,	PUNCT
fbem-15376	174	17	faked	fake	VERB
fbem-15376	174	18	financials	financial	NOUN
fbem-15376	174	19	but	but	CCONJ
fbem-15376	174	20	normal	normal	ADJ
fbem-15376	174	21	business	business	NOUN
fbem-15376	174	22	operations	operation	NOUN
fbem-15376	174	23	.	.	PUNCT
fbem-15376	175	1	https://news.stcn.com/sd/202012/t20201217_2638949.html	https://news.stcn.com/sd/202012/t20201217_2638949.html	PROPN
fbem-15376	175	2	[	[	X
fbem-15376	175	3	5	5	NUM
fbem-15376	175	4	]	]	X
fbem-15376	175	5	zhang	zhang	PROPN
fbem-15376	175	6	,	,	PUNCT
fbem-15376	175	7	x.	x.	PROPN
fbem-15376	175	8	,	,	PUNCT
fbem-15376	175	9	ekkehart	ekkehart	PROPN
fbem-15376	175	10	,	,	PUNCT
fbem-15376	175	11	b.a	b.a	PROPN
fbem-15376	175	12	.	.	PROPN
fbem-15376	175	13	,	,	PUNCT
fbem-15376	175	14	charles	charles	PROPN
fbem-15376	175	15	,	,	PUNCT
fbem-15376	175	16	m.j	m.j	PROPN
fbem-15376	175	17	.	.	PROPN
fbem-15376	175	18	(	(	PUNCT
fbem-15376	175	19	2020	2020	NUM
fbem-15376	175	20	)	)	PUNCT
fbem-15376	175	21	potential	potential	ADJ
fbem-15376	175	22	pilot	pilot	NOUN
fbem-15376	175	23	problems	problem	NOUN
fbem-15376	175	24	:	:	PUNCT
fbem-15376	175	25	treatment	treatment	NOUN
fbem-15376	175	26	spillovers	spillover	NOUN
fbem-15376	175	27	in	in	ADP
fbem-15376	175	28	financial	financial	ADJ
fbem-15376	175	29	regulatory	regulatory	ADJ
fbem-15376	175	30	experiments	experiment	NOUN
fbem-15376	175	31	.	.	PUNCT
fbem-15376	176	1	journal	journal	NOUN
fbem-15376	176	2	of	of	ADP
fbem-15376	176	3	financial	financial	ADJ
fbem-15376	176	4	economics	economic	NOUN
fbem-15376	176	5	,	,	PUNCT
fbem-15376	176	6	1	1	NUM
fbem-15376	176	7	-	-	SYM
fbem-15376	176	8	20	20	NUM
fbem-15376	176	9	[	[	SYM
fbem-15376	176	10	6	6	NUM
fbem-15376	176	11	]	]	SYM
fbem-15376	176	12	li	li	PROPN
fbem-15376	176	13	,	,	PUNCT
fbem-15376	176	14	w.	w.	PROPN
fbem-15376	176	15	,	,	PUNCT
fbem-15376	176	16	zhang	zhang	PROPN
fbem-15376	176	17	,	,	PUNCT
fbem-15376	176	18	y.	y.	PROPN
fbem-15376	176	19	(	(	PUNCT
fbem-15376	176	20	2020	2020	NUM
fbem-15376	176	21	)	)	PUNCT
fbem-15376	176	22	analysis	analysis	NOUN
fbem-15376	176	23	of	of	ADP
fbem-15376	176	24	the	the	DET
fbem-15376	176	25	luckin	luckin	ADJ
fbem-15376	176	26	coffee	coffee	PROPN
fbem-15376	176	27	short	short	ADJ
fbem-15376	176	28	selling	selling	NOUN
fbem-15376	176	29	incident	incident	NOUN
fbem-15376	176	30	:	:	PUNCT
fbem-15376	176	31	an	an	DET
fbem-15376	176	32	audit	audit	NOUN
fbem-15376	176	33	perspective	perspective	NOUN
fbem-15376	176	34	.	.	PUNCT
fbem-15376	177	1	financial	financial	ADJ
fbem-15376	177	2	management	management	NOUN
fbem-15376	177	3	research	research	NOUN
fbem-15376	177	4	,	,	PUNCT
fbem-15376	177	5	2(5	2(5	NUM
fbem-15376	177	6	)	)	PUNCT
fbem-15376	177	7	.	.	PUNCT
fbem-15376	178	1	[	[	X
fbem-15376	178	2	7	7	NUM
fbem-15376	178	3	]	]	X
fbem-15376	178	4	chen	chen	PROPN
fbem-15376	178	5	,	,	PUNCT
fbem-15376	178	6	s.	s.	PROPN
fbem-15376	178	7	(	(	PUNCT
fbem-15376	178	8	2018	2018	NUM
fbem-15376	178	9	)	)	PUNCT
fbem-15376	178	10	ipo	ipo	PROPN
fbem-15376	178	11	financial	financial	PROPN
fbem-15376	178	12	fraud	fraud	PROPN
fbem-15376	178	13	common	common	ADJ
fbem-15376	178	14	means	mean	NOUN
fbem-15376	178	15	and	and	CCONJ
fbem-15376	178	16	typical	typical	ADJ
fbem-15376	178	17	case	case	NOUN
fbem-15376	178	18	analysis	analysis	NOUN
fbem-15376	178	19	.	.	PUNCT
fbem-15376	179	1	finance	finance	NOUN
fbem-15376	179	2	and	and	CCONJ
fbem-15376	179	3	accounting	accounting	NOUN
fbem-15376	179	4	bulletin	bulletin	NOUN
fbem-15376	179	5	,	,	PUNCT
fbem-15376	179	6	16:99	16:99	NUM
fbem-15376	179	7	-	-	SYM
fbem-15376	179	8	102	102	NUM
fbem-15376	179	9	.	.	PUNCT
fbem-15376	180	1	[	[	X
fbem-15376	180	2	8	8	NUM
fbem-15376	180	3	]	]	SYM
fbem-15376	180	4	yang	yang	PROPN
fbem-15376	180	5	,	,	PUNCT
fbem-15376	180	6	j.	j.	PROPN
fbem-15376	180	7	(	(	PUNCT
fbem-15376	180	8	2021	2021	NUM
fbem-15376	180	9	)	)	PUNCT
fbem-15376	180	10	case	case	NOUN
fbem-15376	180	11	study	study	NOUN
fbem-15376	180	12	of	of	ADP
fbem-15376	180	13	financial	financial	ADJ
fbem-15376	180	14	fraud	fraud	NOUN
fbem-15376	180	15	based	base	VERB
fbem-15376	180	16	on	on	ADP
fbem-15376	180	17	fraud	fraud	NOUN
fbem-15376	180	18	risk	risk	NOUN
fbem-15376	180	19	factor	factor	NOUN
fbem-15376	180	20	.	.	PUNCT
fbem-15376	181	1	thesis	thesis	NOUN
fbem-15376	181	2	of	of	ADP
fbem-15376	181	3	jiangxi	jiangxi	PROPN
fbem-15376	181	4	university	university	PROPN
fbem-15376	181	5	of	of	ADP
fbem-15376	181	6	finance	finance	NOUN
fbem-15376	181	7	and	and	CCONJ
fbem-15376	181	8	economics	economic	NOUN
fbem-15376	181	9	.	.	PUNCT
