NAYUKI Stock Surges Over 8% on Aggressive Expansion and Accelerated Global Rollout

Stock News
05/29

NAYUKI (02150) saw its share price climb more than 8% during the trading session. At the time of writing, the stock was up 8.06% to HKD 0.67, with a turnover of HKD 1.57 million.

The rally follows the company's recent launch of 50 new stores across dozens of key cities in China in late May. This expansion further strengthens NAYUKI's store network in first-tier and emerging first-tier cities, deepening its penetration in established strongholds. Both the scale of this store opening and the resulting market buzz have reached new highs for the company. Management has explicitly stated that these new stores are shifting away from the previous large-format model towards a lighter, more agile store type.

Simultaneously, NAYUKI's international expansion has notably accelerated. The opening of its new store at The Heeren on Orchard Road in Singapore on May 23 drew long queues, with peak waiting times exceeding two hours. The store's total revenue for its first three days surpassed RMB 209,000.

In the United States, the new store in San Gabriel, California, and the GRAND ST location in New York's Chinatown sold over ten thousand products each upon opening. Similarly, the debut of NAYUKI's first store in Indonesia at Kasablanka, Jakarta, was met with overwhelming popularity, forming long lines on its opening day.

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