On July 3, Mixue Group rose 3.09% in regular trading, trading at HK$226.4/share, with turnover of HK$60.10 million. The movement was primarily driven by broad-based strength in the restaurant sector and technical recovery demand following a prolonged selloff.

On the news front, the restaurant sector rallied broadly, with Yum China gaining 3.62%, Guming rising 1.98%, and Haidilao up 1.08%, reflecting notable sector linkage effects. The company's stock had previously suffered consecutive sharp declines, hitting all-time lows since its listing, creating conditions for a technical rebound from oversold levels.

Supporting market sentiment, the company previously proposed a buyback authorization of up to 10% of its issued H shares. Multiple brokerages have maintained bullish ratings, with target prices implying significant upside from current levels, providing additional floor support for the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)