Sources
Yicai 第一财经Mixue Group [HKG: 2097] opened up 1.1% today after the Chinese bubble tea chain said its net profit rose 40% CNY4.5 billion (USD613 million) and revenue jumped 22% to CNY24.8 billion (USD3.42 billion) last year from the year before. https://t.co/EiTH2PLubE
John A. GordonMore US hot and cold beverage competition coming slowly. @CNBC notes the prior Luckin SEC fiasco as a potential overhang. Look at the very dense F-1 filing link. RT: Chinese tea chain Chagee files for U.S. initial public offering https://t.co/PEiA0uEtFB
Global TimesChinese tea chain Chagee filed for a US IPO on Tuesday. The successive listings of Chinese new-style tea drink brands reflect the capital market's confidence in China's consumer sector, an expert said on Wednesday. https://t.co/H9rzS8orRE




