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Benzinga

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The Bamboo Works

EXPLAINED: Cloopen a clean cloud or still under stormy skies - The Real Truth

Doug Young Miniso China SEC Inflation NYSE United States

Key Takeaways:

An internal investigation by cloud services provider Cloopen found the company inflated its revenue by about 5% in last year’s second and third quarters
The new China-U.S. information-sharing agreement could help restore investor confidence in such U.S.-listed Chinese companies

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