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8.5 EUR
0.6
7.59%
Last update Apr 2, 7:31 PM CEST
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Day range
7.65000
8.5
Previous close
7.90000
Open
7.65000
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Chagee Holdings Ltd. ADR
8.50
0.60
7.59%

Overview

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Description

Chagee Holdings Ltd. ADR represents American Depositary Receipts of Chagee Holdings Limited, a Cayman Islands-incorporated holding company. Chagee is a leading brand in the premium tea drinks sector, specializing in healthy, freshly-made tea beverages that blend traditional tea culture with contemporary lifestyle experiences. Founded in 2017, the company leverages technology and innovative branding to expand its global reach and reshape consumer perceptions of tea. Chagee operates a dual-class share structure, with the founder and CEO maintaining significant voting control, classifying the company as a “controlled company” under market regulations. This structure allows Chagee to pursue its growth strategy while maintaining founder-led vision and leadership. The asset provides market participants exposure to the evolving fast-casual beverage industry, especially within the rapidly growing segment of premium tea, which is gaining momentum among health-conscious consumers worldwide. Through American Depositary Receipts, investors can access Chagee’s equity in international markets, broadening the company's shareholder base beyond its home region.

About

CEO
Mr. Junjie Zhang
Employees
4800
Address
Hongqiao Lianhe Building
Tower B No. 99 Kaihong Road Changning District
Shanghai, 200051
Phone
86 186 8893 0014
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Restaurants
Country
Germany
MIC code
XDUS
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Main market opens in 4 days 4 hours 30 minutes

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