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<Research>Haitong Int'l Initiates Coverage on MIXUE GROUP w/ Rating Outperform & TP HKD482
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As of 1H25, MIXUE GROUP (02097.HK) had 53,014 stores worldwide, including 48,281 in China and 4,733 overseas, according to a research report by Haitong International. Data from China Insights Consultancy also showed that MIXUE GROUP, by GMV, was the fourth largest freshly prepared beverage company globally with a market share of 2.2% in 2023. Considering its leading position in the global freshly prepared beverage industry, Haitong International gave MIXUE GROUP a target price of HKD482 and an Outperform rating for the first time. AAStocks Financial News |
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