---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42439336.md"
description: "$Luckin Coffee(LKNCY.US) rose over seven percentage points, driven by solid progress like New York store expansion and the launch of smart roasting factories; on the same day, $MIXUE GROUP(02097.HK) and $Chagee(CHA.US) both fell six to eight percentage points.All are in the new tea beverage and coffee track, why can $Luckin Coffee(LKNCY.US) stand out and strengthen independently, while the other two are getting their valuations slashed? I lean towards the difference between overseas execution and domestic involution — $Luckin Coffee(LKNCY.US)'s growth story is overseas, while $MIXUE GROUP(02097.HK) and $Chagee(CHA.US) are still trapped in domestic market saturation and price wars. This divergence is highly likely to continue in the short term. When do you think the overseas story for $MIXUE GROUP(02097.HK) and others will kick in?"
datetime: "2026-07-06T11:05:03.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42439336.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42439336.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42439336.md)
author: "[玖玖er](https://longbridge.com/en/profiles/27042520.md)"
---

# $Luckin Coffee(LKNCY.US) rose over seven percentag…


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