Chinese Bubble tea Stocks are Rising: Delivery Services Fuel Price Competition

Meituan announced that its order volume has reached a historic high. The stocks of Chinese bubble tea brands surged today, on July 7, 2025. This is attributed to the increased competition among delivery services, which have raised their discounts in the race for customers, thereby boosting the sales of tea beverages. The stocks of various providers are skyrocketing On Monday morning, the stock of Sichuan Baicha Baidao Industrial in Hong Kong initially rose by up to 15% before falling back to a gain of 7.3%. Guming Holdings and Mixue Group...