Chagee Holdings is trading at $11.29 (+4.51%) after Q2 2026 results showed GAAP net income up sharply to RMB464.8 million. - Revenue rose 2.5% to RMB3,414.6 million and operating income surged 387.6%. - Shares extended the August 28 rally following the strong earnings, further boosted today by Macquarie upgrading the stock to Outperform with a $15.70 price target.