US Stock Market Move | Bawang Chaji (CHA.US) rose nearly 7%, with same-store GMV in August expected to show year-on-year growth.

date
21:59 31/08/2026
avatar
GMT Eight
On Monday, Cha Bar (CHA.US) rose nearly 7% to $11.54.
On Monday, Bawan Chajiji (CHA.US) rose nearly 7%, reaching $11.54. In terms of news, on August 28, Bawan Chajiji announced its unaudited performance for the second quarter of 2026. During the period, the company reported a net income of 3.415 billion yuan, an increase of 2.5% year-on-year; adjusted net profit reached 489 million yuan. Management stated in a conference call that the Geelato Chalada, launched in May, has entered over 190 stores, with participating stores seeing an average GMV increase of over 20%. The total number of company members has reached 257 million. As we enter the third quarter, ice cream products are expected to further contribute to incremental sales for stores. Management revealed that the decline in same-store GMV in July has narrowed to a low single-digit percentage and anticipates a year-on-year recovery in August.