Mixue dips toe into beer market with first major post-IPO purchase
The leading milk tea chain will pay $40 million for 51% of Fulujia, one of the country’s leading operators of stores selling beer-based drinks Key Takeaways: Mixue will pay 285.6…
Despite stellar results, Mixue gets investor cold shoulder as delivery wars wind down
Analysts are calling the leading bubble tea chain’s revenue and profit gains unsustainable as its takeout delivery partners pledge to cut back on discounts and vouchers Key Takeaways: Mixue’s shares…
BRIEF: Auntea Jenny surges in Hong Kong trading debut
Shares of bubble tea chain operator Auntea Jenny (Shanghai) Industrial Co. Ltd. (2589.HK) opened at HK$190.60 in their Hong Kong trading debut on Thursday, up 68% from their IPO price…
NEWS WRAP: Auntea Jenny passes listing hearing, paving the way for Hong Kong IPO
The premium tea chain’s listing would be the final one in a recent string of similar IPOs that will collectively raise nearly $2 billion By Doug Young Auntea Jenny…
Hong Kong brews up bubble tea listings. But which ones are the sweetest?
Bubble tea chains Guming and Auntea Jenny took big steps forward on financial markets last Friday
BRIEF: Guming passes Hong Kong listing hearing in bubble tea race to market
Bubble tea chain operator Guming Holdings Ltd. has passed its Hong Kong listing hearing, clearing the last major regulatory hurdle before its planned IPO, according to information from the Hong…
Weak sentiment may leave Auntea Jenny thirsty for better valuation
The bubble tea chain has relaunched its Hong Kong IPO, after the Chinese securities regulator resumed approving such new listings Key Takeaways: Auntea Jenny has revived its Hong Kong listing…
