Mixue’s profit falls under the weight of rising costs
Bubble tea seller Mixue Group (2097.HK) said on Thursday its revenue grew slightly in the first half of the year as it aggressively expanded its global store network, but its…
Auntea Jenny brews up bigger profits with focus on smaller cities
The operator of bubble tea franchises has accelerated its expansion into urban areas beyond China’s main cities, driving a 42% jump in first-half revenue Key Takeaways: Auntea Jenny added nearly…
Auntea Jenny approved for full circulation of Hong Kong-tradeable H shares
Bubble tea chain Auntea Jenny (Shanghai) Industrial Co. Ltd. (2589.HK) said Monday that the Hong Kong Stock Exchange has approved its application for the full circulation of its Hong Kong-tradeable…
Guming to raise $250 million through zero-coupon convertible bond issue
Bubble tea chain Guming Holdings Ltd. (1364.HK) saidon Wednesday it plans to issue HK$1.96 billion ($250 million) in zero-coupon guaranteed convertible bonds and launch a share buyback to improve its…
BRIEF: Auntea Jenny’s profit jumps 52% as store expansion accelerates
Bubble tea chain operator Auntea Jenny (Shanghai) Industrial Co. Ltd. (2589.HK) announced on Tuesday its revenue rose 36% year-on-year in 2025 to 4.47 billion yuan ($649 million), while its net…
China’s franchising boom cooks up new giants, leaves mid-tier Western chains behind
"Geopolitics and the aftermath of Covid provided conditions for Chinese consumers to start favoring domestic brands, to the detriment of Western brands that were not sufficiently or strongly established in…
Auntea Jenny survives at periphery of China bubble tea market. Drink with caution
After a difficult period of revenue contraction in 2024, the mid-tier premium tea seller returned to strong profit growth last year Key Takeaways: Auntea Jenny said it expects to report…
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