Bubble tea has certainly hit a sweet spot with its many fans but it has left some investors with a bitter taste. Stock market debuts of two China-based chains have already flopped. And there are ...
Chinese ready-to-drink beverage company Mixue is seeking to conduct an IPO in Hong Kong to expand its production, according ...
China’s bubble-tea makers are reviving plans for initial public offerings, encouraged by signs that Beijing is loosening its grip on the market and sentiment is improving after a disappointing ...
Others including China’s biggest bubble-tea chain Mixue Group and Auntea Jenny saw their Hong Kong IPO applications lapse after CSRC approvals didn’t materialize.
Starting as a small shaved ice stall, ice cream and tea chain Mixue has surpassed its rivals in China’s bubble tea market thanks to its affordable products, costing just US$1. Bubble tea, the drink ...
Auntea Jenny has revived its Hong Kong listing plan, reporting its profit fell 12% in the first half of last year while its revenue rose just 6.4% The bubble tea chain operator had nearly 8,500 stores ...
(Bloomberg) -- China’s bubble-tea makers are reviving plans for initial public offerings, encouraged by signs that Beijing is loosening its grip on the market and sentiment is improving after a ...