According to the Zhongtong Finance APP, on August 16th, Hang Seng Indexes Company announced the latest quarterly review results, with TeaBaiDao (02555) being included in the Hang Seng Composite MidCap Index. The change will be implemented after the market closes on Friday, September 6th, 2024, and will take effect on Monday, September 9th, 2024. CICC research report pointed out that TeaBaiDao may be included in the Hong Kong Stock Connect, as it meets a series of standards including market capitalization, liquidity, and listing time.

Recently, TeaBaiDao announced that it is estimated to have adjusted net profit of about 0.38 to 0.41 billion yuan in the first half of 2024. The announcement shows that TeaBaiDao increased its market expenses and support for franchisees in the first half of 2024, and the profit fluctuated during the reporting period. Analysts pointed out that TeaBaiDao’s active increase in investment can more effectively cope with competition and maintain its own advantages; currently, TeaBaiDao has sufficient funds and steadily expanding its scale.