Break the "spell" of the new tea drink's launch failure! The Mixue Group continues to rise, driving a rebound in Consumer investment.

① With a market cap of nearly 110 billion Hong Kong dollars, the Capital Markets recognize the supply chain advantages of "Snow King" and its penetration in the lower-tier market. ② Gao Hongqing, founding partner and CEO of Bailian Zhigao, believes that the free cash flow of Consumer companies will further improve. Although the gross margin of the industry may decrease in the pursuit of cost-effectiveness, the most difficult phase has already passed.

cls.cnMar 4 05:35 ET

AH Stocks opened lower, the Hang Seng Tech Index fell over 2%, BYD shares dropped over 7%, and Mixue Group rose over 4%.

More news, continuously updating.

wallstreetcnMar 3 20:39 ET

"Snow King is starting its IPO today, with Sequoia China, Hillhouse Capital, Meituan Long Zhu, and four other Institutions participating with 0.2 billion USD in the new shares."

① Analysts believe that the active participation and increased investment from top Institutions both domestically and internationally not only indicate recognition of the intrinsic value and long-term growth potential of Mixue Ice City, but also reflect these Institutions' continued optimistic outlook on the Consumer market in China. ② It is worth noting that all three new tea drink Stocks previously listed on the Hong Kong Stock Exchange have, without exception, fallen below their initial prices, and the market is generally concerned about the future performance of "Snow King" on the Hong Kong Stock Exchange.

cls.cnFeb 21 08:44 ET

The launch of Gu Ming has both joys and concerns.

Accept the test of the secondary market.

wallstreetcnFeb 13 07:24 ET

New tea beverages are accelerating reshuffling. Heytea pauses franchise expansion and does not participate in the "price and scale competition."

Analysts believe that the new tea beverage industry in China is currently entering a phase of intensified competition and elimination. The market growth rate of new tea beverages is expected to slow from 44.3% in 2023 to 12.4% in 2025. Among the leading brands, the closure rates of Hu Shang A Yi and Nayuki's Tea have both increased compared to 2023.

cls.cnFeb 10 06:38 ET

New Consumer Daily | Gu Ming will be officially listed on February 12; the USA Postal Service continues to accept incoming packages from mainland China and Hong Kong; Huawei's total sales revenue for 2024 exceeds 860 billion yuan...

New Consumer Daily, February 6th news: today's main content of New Consumer Daily includes: Xiaomi SU7 Ultra sales target of 0.01 million vehicles this year; Panasonic Group announces operational reforms; USPS continues to receive inbound packages from mainland China and Hong Kong.

cls.cnFeb 5 18:01 ET