$MIXUE GROUP(02097)$ is charging toward a HK$250 billion valuation, with shares pushing HK$650! After this round of brutal price wars, the biggest winner might just be low-cost tea chains like Mixue. Once people get used to grabbing a milk tea for 5 or 6 bucks, who’s going back to paying 15 or 16 for Heytea or CHAGEE? This whole subsidy war is really a reset in consumer mindset，affordability is king. Mixue is riding high, while premium tea brands are feeling the squeeze.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
