no I won't participate. no moa

no I won't participate. no moat this tea company. after a while, everyone drink coffee. IPO price also driven up.

Chagee IPO: Possible to Repicate Surge of China's Tea Beverage Brands?

Chagee subscription begins on Friday. It plans to list on NASDAQ under the ticker "CHA" and raise between $400 million to $500 million. In 2024, the company's total GMV (Gross Merchandise Value) reached RMB 29.5 billion, a year-on-year increase of over 80%. Its revenue was RMB 12.405 billion, with a net profit of RMB 2.515 billion, achieving a net profit margin of 20.3%, significantly higher than the industry average. ------------ Can Chagee replicate the surge of China's tea brand like Mixue group? Do you like this bubble tea brand?

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