U.S. stock market anomaly | The stock of Cha Bu Wang Tea (CHA.US) increased by nearly 5%, overseas GMV continues to grow significantly.

According to the Zhitong financial APP, on Monday, the stock of The Queen of Milk Tea (CHA.US) rose nearly 5%, closing at $15.73. The financial report shows that in the third quarter of 2025, The Queen of Milk Tea had a total of 7,338 global stores. Total GMV (Gross Merchandise Volume) for the third quarter reached 7.93 billion yuan, with net revenue of 3.208 billion yuan, and adjusted net profit of 503 million yuan. In the third quarter, the overseas business of The Queen of Milk Tea continued to grow, with GMV exceeding 3 billion yuan, a year-on-year increase of 75.3%, and a quarter-on-quarter growth of 27.7%. Overseas GMV has grown by over 75% year-on-year for two consecutive quarters, becoming an important growth engine for the company. In the third quarter, The Queen of Milk Tea entered the markets of the Philippines and Vietnam, with a total of 262 overseas stores.