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China bubble tea chain Mixue pops 47% on debut

Shares in Mixue—a Chinese ice cream chain with more stores than McDonald’s—jump over 40% after Hong Kong’s largest IPO so far this year

Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong's IPO market.

Forbes · 3d

Billionaire Brothers’ Chinese Bubble Tea Giant Mixue Surges In Hong Kong Debut

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.

Reuters on MSN · 3d

China Bubble Tea Chain Mixue Pops 47% on Debut as Hong Kong IPO Volumes Rebound

Mixue's gain came as its major bubble tea rivals were sold off, with Sichuan Baicha Baidao down nearly 7% and Guming down 1.7% on Monday. Retail investors in the IPO subscribed for 5,258 times more shares than were on offer in that tranche, according to Mixue's filings, making it one of Hong Kong's most popular IPOs.

Asian IPO boom must evolve to survive: Raychaudhuri

Asian IPOs have raised far more money than American public offerings in recent years, largely due to activity in India and ...

11h

BYD’s share sale spotlights Hong Kong’s revival

BYD’s fundraising echoes the approach taken by many Chinese companies including Anta Sports, which raised $1.5bn in Hong Kong in a follow-on offering in 2023, to strengthen its financial position and ...

Global Finance Magazine5d

Hong Kong Eases IPO Rules

According to Bonnie Chan, HKEX’s CEO, nearly 100 companies were in the city’s IPO pipeline as of January.

6don MSN

China's Chery Auto applies for Hong Kong IPO

China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and ...

China's Boche Files For Hong Kong IPO To Fund Expansion

Boche, China's biggest auction platform for salvaged vehicles, has filed for an Hong Kong IPO to to fund its expansion plans.

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