Chabaida (02555) rose more than 5% at the end of trading. As of the deadline, it rose 4.86% to HKD 6.9, with a turnover of 23.962 million HKD.
Chabaida (02555) rose more than 5% at the end of trading. As of the deadline, it rose 4.86% to HKD 6.9, with a turnover of 23.962 million HKD.
On August 16, Hang Seng Index Company released the latest quarterly review results, with Chabaida included in the Hang Seng Composite Midcap Index. The change will take effect from September 9th. CICC research report points out that Chabaida is expected to be included in the Hong Kong Stock Connect, as it meets a series of criteria including market cap, liquidity, and listing time.
In addition, Chabaida recently released its first post-IPO performance report, with revenue of 2.396 billion yuan and net income of 0.395 billion yuan in the first half of the year. Thanks to its effective market franchise strategy, as of June 30, 2024, Chabaida has increased its national stores to 8,385, a growth of about 20% compared to the same period last year. The financial report points out that in the second half of 2024, Chabaida will continue to expand its store network, further penetrate the domestic market, and strengthen its overseas market expansion.