JimmyHua
04-21

$Chagee Holdings Limited(CHA)$

Yes, Chagee is up 15%, but that’s exactly why I’m considering trimming my position. Valuations are getting stretched, and the market might be getting ahead of the fundamentals. Tea trends can be fickle, and competition is heating up fast.

Rather than get caught in the hype, I’d rather lock in profits and wait for a better re-entry.

A smart investor knows when to sip—and when to step back.

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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