$Chagee Holdings Limited(CHA)$

$Chagee Holdings Limited(CHA)$ given CHAGEE's efficient operational model, id go for it

Chagee Surging: Can it Double on Debut Day?

Chagee goes public on Thursday. In 2024, the company's total GMV (Gross Merchandise Value) reached RMB 29.5 billion, a year-on-year increase of over 80%. Its revenue was RMB 12.405 billion, with a net profit of RMB 2.515 billion, achieving a net profit margin of 20.3%, significantly higher than the industry average. ------------ Can Chagee replicate the surge of China's tea brand like Mixue group? Will it double on the debut day?

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