$Chagee Holdings Limited(CHA)$

CHAGEE: Premium tea, milk tea, coffee, lifestyle(think starbucks：merch，place for work, snacks). They are bringing something new to the western market: Premium chinese tea while telling the chinese story of the bawang. Yes bubble tea is not new in the western countries. But premium tea definitely is. Im sure those who have tried chagee knows the difference between its tea and the other standard bubble teas available in the western market.

With its massive international expansion and being listed in the US stock market(away from potential competitotrs such as mixue), it is positioning itself in a prime spot for growth. so hold for a year or 2.

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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Comments

wobee
04-24
wobee
Absolutely love the concept!
JimmyTurner
04-24
JimmyTurner
Exciting journey

Leave a comment

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[Wow]","text":"Absolutely love the concept! [Wow]","html":"Absolutely love the concept! 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