 Wolf Haldenstein Adler Freeman Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors that purchased Phoenix Tree Holdings Limited DNK Phoenix Tree or the Company securities pursuant andor traceable to the Companys January 22, 2020 initial public offering the IPO or Offering. All investors who purchased American Depositary Shares ADSs of Phoenix Tree Holdings Limited and incurred losses are urged to contact the firm immediately at or 800 575-0735 or 212 545-4774. 