Chagee Holdings Limited - American Depositary Shares (CHA)

Chagee's Nasdaq debut is a key step in its global expansion plans to open 1,000 to 1,500 stores in China and worldwide in 2025..

Fast Track Group recently filed to withdraw the company's planned U.S. IPO, the latest to do so amid macro uncertainty. Meanwhile, Chagee opened on April 17 at $33.75.

On April 17, Chagee, a Chinese tea beverage brand, officially commenced trading on the Nasdaq stock exchange, becoming the first Chinese tea beverage company to be listed in the United States.