On July 16, Mixue Group rose 4.02% in regular trading, trading at HK$227.0/share, with turnover of HK$23.42 million. The stock has rebounded consecutively since hitting its annual low of HK$201.2 in early July.
On the news front, multiple brokerages have recently issued positive ratings. Huaxing Securities maintains a Buy rating with a target price of HK$475.40, implying over 80% upside. BOC International initiated coverage with an Overweight rating, citing Mixue's strong competitive advantage in lower-tier markets and leading overseas expansion layout. Additionally, the company previously announced a RMB 1 billion subsidy program to help franchisees upgrade to automatic fresh-ground coffee machines, positioning its coffee business as a potential second growth curve.
The stock currently trades at approximately 12x forward P/E, near historical lows. Market consensus target price stands at HK$382.17, suggesting significant valuation recovery potential that continues to attract capital inflows.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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