Core Viewpoint - The stock price of Mixue Group (02097.HK) fell by 5.27% to HKD 460.40, following the release of its mid-year results and downgrades from two major investment banks [1]. Financial Performance - For the first half of the year, Mixue Group reported revenue of CNY 14.87 billion, representing a year-on-year growth of 39.3% [1]. - The gross profit for the same period was CNY 4.71 billion, with a year-on-year increase of 38.3% [1]. - The net profit reached CNY 2.72 billion, showing a year-on-year growth of 44.1% [1]. Investment Ratings - Recently, Bank of America and UBS downgraded their ratings for Mixue Group. UBS lowered its rating from "Neutral" to "Sell," while Bank of America downgraded from "Neutral" to "Underperform" [1].
蜜雪集团发中报港股跌5.27% 近期被2投行下调评级