Stock price soared by 80%! Chabaida enters Hong Kong market with booming business, prices 70% higher than mainland.

On the 11th, the first store of ChaBaida in Hong Kong has officially opened. Its pricing in Hong Kong is 70% higher than that in the mainland, but this has not deterred Hong Kong people's enthusiasm for its products. The sales on the opening day were exceptionally hot, with consumers waiting for about 2 hours.

wallstreetcnOct 16 05:56 ET

New tea drinks debut in Hong Kong! Chabaidao trial operation, selling 10,000 cups of Empress Tea Princess in 2 days | A new force going overseas.

① Six mainland tea and coffee brands have closed over 15 Hong Kong stores, indicating that the road for mainland new tea drinks in Hong Kong is not smooth. They not only have to face relatively mature local tea and coffee brands, but also compete with international chain giants. ② Industry insiders analyze that brand differentiation, precise market positioning, and efficient operation are the keys to survival in the Hong Kong market.

cls.cnSep 30 09:52 ET

The three major A-share indexes have mixed gains and losses, with active duty-free shop concept stocks and a significant decline in Hong Kong stocks, and Nongfu Spring's share price has fallen by more than 10%.

The three major A-share indexes rose and fell unevenly, with the sse composite index falling by 0.4%, the shenzhen component index rising by 0.26%, and the chinext price index rising by 0.05%. The duty free shop concept stocks were active. In terms of news, five departments improved the policy of in-city duty-free shops. The Hang Seng tech index fell by 1.59% in the Hong Kong stock market, Nongfu Spring fell by over 10%, dropping to a new low since its listing, with a temporary drop of 12% during the session. The treasury futures surged at the end of the session, with the 30-year block orders contract rising by 0.32%.

wallstreetcnAug 28 04:22 ET

Nongfu Spring plummeted 12%! What happened?

Due to public opinion impact, the revenue of Nongfu Spring drinking water plummeted by nearly 20% in the first half of the year, and the growth rate of the group's revenue and net income hit a three-year low.

wallstreetcnAug 28 03:11 ET

Nongfu Spring's biggest competitor is also going public.

There is intense competition in the bottled water price war.

wallstreetcnAug 13 10:44 ET

China's richest man is going to fight a tough battle.

From a public relations crisis to a sustained decline in share prices, nongfu spring, known as the "Maotai in water", urgently needs to restore investor confidence. This time, Zhong Shanshan stepped forward.

wallstreetcnJul 12 08:12 ET