---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/40171119.md"
description: "蜜雪小跌近 2%，港股茶饮连锁估值还在消化上市后的高溢价，等下次业绩验证；三花智控小涨 2.3%，汽车零部件和热管理基本面稳，这波有防御性，比港股整体抗跌☺️总结：蜜雪还在寻找新的估值锚，三花这边逻辑比较稳，两只方向相反。"
datetime: "2026-04-24T10:45:08.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40171119.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40171119.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40171119.md)
author: "[玖玖er](https://longbridge.com/zh-CN/profiles/27042520.md)"
---

# 蜜雪小跌近 2%，港股茶饮连锁估值还在消化上市后的高溢价，等下次业绩验证；三花智控小涨 2.3%，汽…


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