Investigation of Phoenix Tree Holdings, Ltd.

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Shareholder Alert: Robbins LLP Reminds Investors Phoenix Tree Holdings, Ltd. (DNK) Sued for Misleading Shareholders

May 20, 2020 (San Diego, CA & Dongcheng District, Beijing) – Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Phoenix Tree Holdings, Ltd. (NASDAQ: DNK) filed a class action complaint against the Company for alleged violations of the Securities Act of 1933 pursuant to the company's January 2020 initial public offering ("IPO"). Phoenix is a Cayman Islands holding company that leases and manages apartments in China.

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