AUNTEA JENNY (02589) saw its shares rise more than 8% again, bringing its monthly gain to over 100%. At the time of writing, the stock was up 4.9%, trading at HKD 150, with a turnover of HKD 40.003 million. The recent momentum follows the official opening of the company's first store in Indonesia. On April 24, AUNTEA JENNY launched its debut outlet at Emporium Pluit Mall in Jakarta. Reports indicate that the store attracted large crowds of consumers queuing to visit on its opening day, with average daily sales nearing 1,500 cups during the first three days. The brand's signature Mango Pomelo Sago drink was particularly popular among Indonesian customers, becoming the top-selling item on opening day. In a related development, AUNTEA JENNY recently announced that its controlling shareholder group has extended their lock-up period by an additional six months to November 7, 2026, while other pre-IPO shareholders have extended their lock-up by three months to August 7, 2026. The company stated that the extension demonstrates these shareholders' strong confidence in its future prospects and long-term value, and further extensions based on business developments are not ruled out.
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