Sina US stocks, November 16, RuixingCoffee jumped 25.4 per cent to $27.02 on Friday, the highest closing level in history and the biggest one-day gain in six months, with the stock up 46 per cent for the week.

Before that, LUCKN COFFEE DRCRelease third quarter 2019 results. During the reporting period, Ruixing's total net income was 1.541 billion yuan, an increase of 540.2% over the same period last year, of which the total net income from products was 1.493 billion yuan, up 557.6% from the same period last year.

Qian Zhiya, founder and CEO of Ruixing, said in the financial report that he was very satisfied with the performance of this quarter. LUCKN COFFEE DRC made an operating profit of 186.3 million yuan at the store level and a profit margin of 12.5% in the third quarter, compared with a loss of 126 million yuan in the same period in 2018 and a store operating loss of 55.8 million yuan in the second quarter of 2019, so this is LUCKN COFFEE DRC's first profit at the operational level. Lucky expects net income in the fourth quarter to be between 2.1 billion and 2.2 billion yuan.