MIXUE GROUP: Annual Report 2024

HKEXApr 23 07:00 ET · Announcements

Guolian Minsheng: Assign a "Buy" rating to Mixue Group (02097) with a Target Price of HKD 504.50.

The company expects that the "globalization of the sinking market" will bring new growth.

Zhitong FinanceApr 21 02:41 ET

Hong Kong stocks are moving | Dining stocks are generally rising, Little Garden (00999) up over 10%, Mixue Group (02097) up over 7% reaching a new high.

Dining stocks generally rose, as of the time of writing, Little Garden (00999) increased by 10.08% to 10.16 HKD; Gu Ming (01364) increased by 7.44% to 18.2 HKD; Mi Xue Group (02097) increased by 7.23% to 471.4 HKD.

Zhitong FinanceApr 16 23:37 ET

Hong Kong stocks fluctuated | Retail stocks performed strongly, with MDP Smart (02586) rising over 20%. Institutions suggest paying attention to investment opportunities boosted by domestic demand.

The retail stocks are performing strongly. As of the time of writing, Multi-Points Smart (02586) is up 19.4%, trading at 11.14 HKD; Lao Pu Gold (06181) is up 10.36%, trading at 820 HKD; CHICMAX (02145) is up 6.6%, trading at 53.3 HKD.

Zhitong FinanceApr 13 23:13 ET

[Brokerage Focus] GF SEC gives Mixue Group (02097) a "Buy" rating, indicating that its pricing barriers are relatively high.

Jingwu Financial News | GF SEC Research Reports indicate that MIXUE Group (02097) operates two major brands, MIXUE Ice City and Lucky Coffee, both differentiated by focusing on products priced around 6 yuan. By the end of 2024, there will be over 46,000 stores globally, including over 41,000 in China and nearly 5,000 overseas, making it the largest fresh beverage company in the world in terms of the number of stores. The firm believes that compared to its peers in the fresh beverage Industry, the company has a significant price barrier and a favorable market position, with a comprehensive and well-constructed supply chain laying the foundation for extreme cost-effectiveness. The company also exhibits strong dominance in the Industry, with a scale (number of stores/GMV) far ahead of others.

Jingu Financial News.Apr 11 03:35 ET

[Brokerage Focus] FIRST SHANGHAI initially gives a Buy rating to Mixue Group (02097), indicating that its store size is industry-leading and possesses a deeper moat.

Jinwu Finance News | FIRST SHANGHAI Securities Research Reports indicate that Mixue Group (02097), established in 1997, is a leading Global ready-to-drink beverage company, providing high-quality and affordable freshly made fruit drinks, tea, ice cream, and coffee, with an average price of about 6 yuan. It owns two brands: the freshly made tea brand "Mixue Ice City" and the freshly ground coffee brand "Lucky Coffee." The company achieves store expansion through a franchise model, enabling deep layout in the mainland China market and has expanded into 10 overseas markets including Indonesia and Vietnam. According to the end of 2023, the company expects to serve 7.4 billion cups of beverages, and by September 30, 2024, it will...

King Wu Financial NewsApr 10 21:02 ET