HK Stock Market Move | Tea drinks stocks collectively rise, Barbarian Tea Princess is about to land on NASDAQ, institutions recommend paying attention to investment opportunities in the tea drink sector.

Tea drink stocks collectively rose, as of press time, CHABAIDAO (02555) rose 12.36% to HK$9; GUMING (01364) rose 8.15% to HK$18.32; MIXUE GROUP (02097) rose 8.51% to HK$477; NAYUKI (02150) rose 7.53% to HK$1. On the news front, Heytea is scheduled to be listed on the Nasdaq in the United States on the evening of April 17th Beijing time. According to reports, insiders revealed that Heytea's IPO in the US was priced at the high end of the market price range ($26 to $28), successfully raising $411 million. Prior to last week's IPO subscription, Heytea had already received investor intentions of up to $205 million. Huaxi's previous research report pointed out that Heytea's impact on the US stock market, focusing on the new consumption of tea drinks. Sinolink stated that with the listing of top tea drink companies in recent period and the intensification of industry competition, it is optimistic about stable tracks in the lower price range and companies with high cost-effectiveness in the medium price range; it recommends paying attention to investment opportunities in the tea drink sector. The bank pointed out that currently, mainstream tea drink brands have all opened up franchising. Under the franchise model, stores can achieve rapid expansion and have considerable profit-making capabilities. The bank views Heytea as targeting the masses, GUMING with outstanding cold chain capabilities, and Heytea as aiming high. MIXUE/GUMING/CHABAIDAO/SHANGHAI AUNTIE currently can achieve gross profit margins of around 30% and net profit margins of 10% or even higher.