AUNTEA JENNY (02589) Rebounds Over 10% as Company Proposes H-Share Incentive Plan and Joins "10,000 Stores Club"

Stock News11-10

AUNTEA JENNY (02589) surged over 10% in a rebound, rising 10.76% to HK$91.6 by the time of writing, with a trading volume of HK$37.14 million.

The company announced that on November 7, 2025, its board resolved to propose the adoption of an H-share incentive plan. The plan will take effect upon approval by shareholders at an extraordinary general meeting. The maximum number of shares to be awarded under the incentive plan is capped at 5% of the company's total shares as of the adoption date.

Notably, recent data from GeoHey Brand Monitoring shows that AUNTEA JENNY has expanded to 10,739 stores nationwide, officially entering the "10,000 Stores Club." Additionally, the company's official WeChat account for partners revealed its latest November policy, offering limited-time subsidies of up to RMB 50,000 for experienced professionals in the chain tea and coffee industry to open new stores.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment