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Aunty Shanghai's stock price has doubled within the month, and its first store in Indonesia officially opened recently.

Zhitong Finance ·  Apr 29 10:30

On April 29, $AUNTEA JENNY (02589.HK)$the stock price surged over 8% at one point and doubled within the month. As of the latest update, it rose by 3.71%, trading at HKD 148.3, with a turnover of HKD 46.6361 million.

In terms of news, on April 24, Hu Shang Ayi opened its first store at Emporium Pluit Mall in Jakarta, Indonesia. According to reports, the store attracted a large number of consumers queuing up for the opening-day experience, with an average daily sales volume of nearly 1,500 cups in the first three days of operation. Among these, Hu Shang Ayi’s classic Mango Pomelo Sago product gained significant favor from Indonesian consumers, becoming the top-selling item of the day.

Notably, Hu Shang Ayi recently announced that its major shareholders have extended the original lock-up period by six months until November 7, 2026, while other pre-IPO shareholders extended their lock-up period by three months until August 7, 2026. The company stated in the announcement that the extension of the lock-up period reflects the aforementioned shareholders’ confidence in the company’s future prospects and long-term value. Further extensions based on business development are not ruled out.

Editor/KOKO

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