Hong Kong-listed tea beverage shares showed strong performance, with GUMING rising more than 5% to reach a new all-time high. CHABAIDAO advanced over 3%, while Auntie Shanghai gained more than 2%. Shares of Nayuki Tea and Mixue Group also followed the upward trend.
On the news front, Alibaba's Qianwen APP launched its "Spring Festival 3 Billion Free Orders" campaign early today, initiating a milk tea promotion to invite the national audience to experience AI-powered shopping. User participation surged immediately, with orders through the Qianwen APP exceeding 1 million within three hours of the campaign's launch.