Chagee raised around US$411m in its US IPO, after pricing the deal at the top of the range at US$28/share. In this note, we talk about the trading dynamics and compare with a new peer.
What is covered in the Full Insight:
Introduction to Chagee IPO and Pricing
Investor Interest and Shares Offered
Trading Performance of Asia-linked US Listings
Valuation Comparison with Peers
Growth and Peer Analysis: Chagee vs Luckin Coffee
SUMMARY
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