Chinese tea chain Chagee gains 21% in Nasdaq debut

Reuters

04-17

Chinese tea chain Chagee gains 21% in Nasdaq debut

April 17 (Reuters) - Shares of Chagee CHA.O rose 21% above the initial public offering price in their strong Nasdaq debut on Thursday, valuing the Chinese tea firm at $6.2 billion.

(Reporting by Ateev Bhandari in Bengaluru; Editing by Shilpi Majumdar)

((Ateev.Bhandari@thomsonreuters.com;))

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