Cathay Pacific Haitong Securities released a research report saying that for the first time, the coverage gave Shanghai aunts an “gain” rating. The target price was HK$116.56. Auntie Shanghai owns the three major brands of “Shanghai Aunt,” “Tea Falls,” and “Shanghai Coffee,” forming a brand matrix covering different price ranges and consumer groups. The company rapidly expands the market through efficient R&D and franchise models, and has an advantage, especially in the North. The company implements the “one, two wings” strategy, and there is great potential for opening multi-brand stores.

Cathay Pacific Haitong Securities released a research report saying that for the first time, the coverage gave Shanghai aunts an “gain” rating. The target price was HK$116.56. Auntie Shanghai owns the three major brands of “Shanghai Aunt,” “Tea Falls,” and “Shanghai Coffee,” forming a brand matrix covering different price ranges and consumer groups. The company rapidly expands the market through efficient R&D and franchise models, and has an advantage, especially in the North. The company implements the “one, two wings” strategy, and there is great potential for opening multi-brand stores.