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<Research>HSBC Research Initiates Rating Buy on GUMING w/ TP HKD32
China's freshly made tea beverage industry is thriving on the back of young consumers, product innovation, and market penetration, according to a report from HSBC Global Resear...
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<Research>HSBC Research Initiates Rating Buy on GUMING w/ TP HKD32
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China's freshly made tea beverage industry is thriving on the back of young consumers, product innovation, and market penetration, according to a report from HSBC Global Research.

It is worth noting that, however, the industry is also facing headwinds like high attrition rates, low entry barriers, and poor survival rates.

Related NewsHSBC Research Initiates Coverage on MIXUE GROUP (02097.HK) w/ Rating Hold/ TP $544.1
Based on calculations, GUMING (01364.HK)  -0.700 (-2.834%)    Short selling $12.56M; Ratio 17.697%   holds a market share of 8.7%. Its focus on the fresh fruit tea category and establishment of its own supply chain led it to stand out in the mid-price market.

HSBC Global Research set its target price at HKD32.2 for GUMING and gave it a Buy rating for the first time, considering its current valuation attractive relative to its short-term and long-term growth prospects.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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