$Chagee Holdings Limited(CHA)$

$Chagee Holdings Limited(CHA)$ is going IPO at price range of $26 to $28 per share. Chagee is an upmarket tea cafe chain. It has 6440 tea houses, up 83% year over year. This is a good chance for funds to invest in China amid the trade war. Hopefully it can surpass the 43% big jump of Mixue’s share price on its market debut earlier. Thanks @TigerEvents @icycrystal

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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