At a Glance: Stocks Gapping Down Premarket

Seeking AlphaJun 8 19:17

Express News | Chagee Holdings Ltd: May From Time to Time in One or More Offerings Offer and Sell Class a Ordinary Shares

BreakingsJun 6 04:33

Express News | Chagee Holdings Ltd Files for Stock Shelf; Size Not Disclosed - SEC Filing

BreakingsJun 6 04:32

Citi raises Chagee’s (CHA.US) target price to $11; names Luckin Coffee (LKNCY.US) and Guming (01364.HK) as top picks in the sector.

Lyon published a research report noting that Guming (01364.HK) and Chagee (CHA.US) are following Mixue Bingcheng's (02097.HK) lead by selling ice cream, which helps alleviate same-store sales growth pressure and boosts in-store consumption. However, companies must consider cost implications when expanding their offerings, as they need to limit both store staff headcount and store size. The firm believes that Luckin Coffee's (LKNCY.US) retail expansion in partnership with Italian coffee brand Lavazza represents a more sustainable growth strategy. The sector's top picks are Luckin Coffee and Guming, both rated 'Outperform.'

AASTOCKSJun 5 11:00

Most and Least Shorted Consumer Discretionary Stocks With Over $2B Market Cap as of May

Seeking AlphaJun 4 00:00

J.P. Morgan Maintains Chagee Holdings(CHA.US) With Buy Rating, Cuts Target Price to $15

Futu NewsJun 3 20:31 · Ratings