$Chagee(CHA.US) fell more than three points, and $LAOPU GOLD(06181.HK) rose more than two points. Both are very popular new consumer Chinese concept stocks in the past two years, but one is digesting growth expectations, while the other is enjoying a premium. Their pricing logic is completely different—$Chagee(CHA.US) is still in a stage where its store expansion and franchise model are being repeatedly scrutinized, while $LAOPU GOLD(06181.HK) is more like a brand premium for high-end gold jewelry, supported by the story of high gold prices and consumption upgrades 😀
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