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Nayuki became a penny stock. The real lesson is not the empty AGM. cover
Read time 5 min

Nayuki became a penny stock. The real lesson is not the empty AGM.

Nayuki's fall from a HK$19.80 IPO price to below HK$1 is a useful case study in what happens when a premium consumer story meets store economics, delivery habits, and harder profit math.

Consumer businessStock marketChinaTea drinks