$Chagee Holdings Limited(CHA)$

$Chagee Holdings Limited(CHA)$ I was in Shanghai yesterday and walked by one of Chagee's outlet. It was overcrowded like the popular Pop Mart and the drinks are well priced. However, to my surprise, i was told to wait 50 minutes and there were 90+ orders ahead of me. This is despite the many Chagee outlets in China. I am confident that the retail investors will gradually spike the stock price up soon, just like Pop Mart.

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

Tiger_comments
05-02
Tiger_comments
Because it's the holiday period, there are more orders than usual! The Chagee downstairs from Tiger Brokers is also very popular—you have to wait in line even if you go around noon or 2 p.m.

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However, the stock closed lower than its open price.\n------------\nCan Chagee replicate the surge of Mixue group?\nOr repeat the down trend like Nayuki?\nIs the market expectations too high to fulfill?\nWhat's your target price for Chagee?","image":"https://community-static.tradeup.com/news/56fce744faeefbbce663c6b29ce84472"}],"images":[{"img":"https://community-static.tradeup.com/news/915fc69a10cf80a01d537d1afb518ff2","width":"3024","height":"4032"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/915fc69a10cf80a01d537d1afb518ff2","width":"3024","height":"4032"}],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/CHA\">$Chagee Holdings Limited(CHA)$</a> I was in Shanghai yesterday and walked by one of Chagee's outlet. It was overcrowded like the popular Pop Mart and the drinks are well priced. However, to my surprise, i was told to wait 50 minutes and there were 90+ orders ahead of me. This is despite the many Chagee outlets in China. 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