Update: Chagee Shares Rise After Higher Q2 Revenue Posted

09:48 AM EDT, 08/28/2026 (MT Newswires) -- (Updates with recent stock movement in headline and first paragraph.) Chagee (CHA) shares were up more than 2% in Friday trading after the company posted higher revenue for Q2. The company reported Q2 non-GAAP net income Friday of 2.54 Chinese renminbi ($0.38) per diluted share, down from 3.30 renminbi a year earlier. Net revenue for the quarter ended June 30 was 3.41 billion renminbi, up from 3.33 billion renminbi a year earlier. Three analysts polled by FactSet expected 3.58 billion renminbi. Price: 10.65, Change: +0.30, Percent Change: +2.85