$Chagee Holdings Limited(CHA)$  

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$Chagee Holdings Limited(CHA)$ , one of China's fastest-growing tea beverage chains, is officially going public this week — and its IPO is drawing serious attention from both retail and institutional investors.



At the IPO price, Chagee’s estimated market cap of US$5.1 billion puts it close to Guming. Compared to Mixue, it makes 50% of the revenue, but only has 25% of the valuation.



Chagee’s revenue (CNY ¥12.41B) is roughly 50% of Mixue’s.








Its net profit (CNY ¥2.52B) is 56% of Mixue’s and 1.68× Guming’s.








Will Chagee pop on day one like early Bubble Tea IPOs $MIXUE BINGCHENG CO LTD.(MXUBY)$?








Or will it follow the path of $NAYUKI(02150)$ , which saw early hype and then a painful correction?








As a Singapore-based consumer/investor, do you feel Chagee has stronger resonance here than Mixue or Heytea?





leave your comments to win tiger coins~

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

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  • AlanBright
    ·04-17
    TOP
    Excited to see where this goes! 🙌 [Cool]
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    • icycrystal
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      04-17
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  • zingie
    ·04-17
    TOP
    Exciting times ahead for Chagee! 🚀 [Wow]
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    • icycrystal
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      04-17
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