Mixue fell slightly by nearly 2%. The valuation of Hong Kong-listed tea beverage chains is still digesting the high premium after listing, waiting for the next performance verification;
Sanhua Intelligent Control rose slightly by 2.3%. The fundamentals of automotive components and thermal management are stable. This wave has defensive characteristics and is more resilient than the overall Hong Kong stock market. ☺️
Summary: Mixue is still searching for a new valuation anchor, while Sanhua's logic is relatively solid. The two stocks are moving in opposite directions.
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