HK Stock Market Move | AUNTEA JENNY (02589) soared more than 26% in trading, the company attaches great importance to the sinking market, and franchise revenue grew significantly in the first half of the year.

date
16/09/2025
avatar
GMT Eight
Auntie from Shanghai (02589) surged more than 26% during trading hours, reaching a 25.98% increase at the time of publication, with a price of HK$166.30 and a trading volume of HK$80.57 million.
AUNTEA JENNY (02589) surged more than 26% during trading, reaching a gain of 25.98% as of the time of publication, with a price of HK$166.3 and a trading volume of HK$80.574 million. According to AUNTEA JENNY's previous semi-annual report, as disclosed in the Zephyr Consulting report, the market for freshly made tea shops in third-tier and below cities in China is expected to be the largest and fastest-growing segment in terms of total transaction value from 2023 to 2028, with huge growth potential. The group values the third-tier and below cities highly and has advantages in terms of store coverage and supply chain network. As of June 30, 2025, the group's proportion of stores in third-tier and below cities accounted for 51.1%, an increase of 0.8 percentage points year-on-year. Huaxin Securities pointed out that benefiting from the high prosperity of the freshly made tea industry and the food delivery competition, AUNTEA JENNY's performance has achieved steady growth. In the first half of 2025, the company's revenue from franchise sales goods/franchise services/self-operated stores increased by +10%/+3%/-10% year-on-year to 1.471/0.283/0.024 billion yuan, with franchise revenue growing significantly due to store expansion and GMV growth. As of June 30, 2025, the company had a total of 9,436 stores, a net increase of 999 compared to the beginning of the year, representing a 12% increase from the same period last year; of which, the proportion of third-tier and below cities increased by 1% to 51.12%. With the company further penetrating the lower-tier market, its performance is expected to further improve.