The stock price once fell nearly 15%, Chagee issued a long article to respond to doubts

Chagee's US stock once fell over 14%, hitting a new low since its listing. The company sparked widespread discussion among netizens due to topics related to "caffeine," with many expressing that they couldn't sleep after drinking it, and others reporting palpitations. This evening, Chagee released a lengthy response to the doubts on its official Weibo. In the statement, the company acknowledged the concerns of some tea enthusiasts regarding caffeine content, stating, "Based on existing public data and test results, a cup of tea made from whole leaves has a caffeine content that is roughly equivalent to that of a latte when calculated per 100ml, and is significantly lower than that of a cup of American coffee." As of the time of publication, Chagee's US stock decline narrowed to 7.86%, trading at $11.25 per share