$Chagee Holdings Limited(CHA)$

$Chagee Holdings Limited(CHA)$ timing of this IPO is very tough. Chinese capital see IPO as exit, western capital see/ IPO as cheaper funding to do greater things. Such has destined how many Chinese-backed IPO head to the same bottom and crash on dirt.

Chagee Soars on Debut: Take Profits or Hold on Tight?

Chagee went public and surged 15% on Thursday. However, the stock closed lower than its open price. ------------ Can Chagee replicate the surge of Mixue group? Or repeat the down trend like Nayuki? Is the market expectations too high to fulfill? What's your target price for Chagee?

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