On June 12, Auntea Jenny (01364.HK) rose 3.07% in regular trading, reaching HK$22.9 per share, with turnover of HK$15.75 million.

On the news front, multiple catalysts have converged to support the stock. CLSA recently named Auntea Jenny as a sector top pick with an Outperform rating and a target price of HK$29, implying significant upside from current levels. The broker highlighted the companys ice cream business expansion as a driver to alleviate same-store sales growth pressure.

Additionally, China Galaxy Securities published a report noting that leading tea beverage stocks including Auntea Jenny have seen valuations compress to approximately 15x forward PE, suggesting a left-side positioning opportunity as external food delivery subsidies taper. The brokerage expects industry same-store revenue to turn negative from May through September, but views current prices as already reflecting this headwind.

On the product front, the company recently launched a HK$1 ice water and HK$7.9 fresh milk product, driving significant social media engagement and demonstrating a traffic-acquisition strategy similar to Luckin Coffees approach, with 35% of ice water buyers reportedly adding milk tea purchases.

(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.)