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Chinese Coffee Brands Urged to Embrace Local Cultures

3/31/2026

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Story summary
  • Analysts say Chinese coffee brands must move beyond low-price strategies.
  • Fu Yifu of Su Merchants Bank says brands should integrate into local cultures while maintaining efficiency.
  • Luckin Coffee, China's largest coffee chain, has grown in Hong Kong and had over 6,000 stores in mainland China by the end of 2021.
  • Recently, Luckin announced it has more than 50 stores in Hong Kong and plans to relist in the United States.