Chinese tea chain Chagee soars 40% in stock market debut

1. Chagee's IPO saw a 40% surge on debut, priced at $28. 2. Despite trade tensions, Chagee plans U.S. expansion in Los Angeles. 3. Chagee generated $344.5 million net income on $1.7 billion revenue last year. 4. Chinese companies face challenges listing in the U.S., with a 5% decline. 5. Trade tensions have prompted delays for other IPOs in recent weeks.