Daily Cuts - China bubble tea chain Mixue surges over 40% on debut
China’s largest bubble tea chain Mixue was off to a robust start on its trading debut, jumping as much as 47% at one point. The stellar start reinforces hopes for a strong year in new equity issuances by Chinese companies in Hong Kong.
Mixue shares rallied more than 40% on their Hong Kong debut. Longdley Zephirin expects Mixue to struggle with expansion into ...
Mixue Group, Chinese mainland's largest fresh drinks producer by retail market share, made a strong debut on the Hong Kong ...
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The chain, which has more than 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.
Zhang Hongchao and Zhang Hongfu, founders of Chinese beverage giant Mixue Group, now have a combined net worth of $8.1 billion, surpassing Starbucks' former CEO Howard Schultz.
Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the ...
It’s enough money to buy Alibaba Group Holding Ltd., or pay every resident of Hong Kong nearly $50,000. The figure — more ...
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