BRIEF: Guming grows, Chabaidao shrinks in China tea tempest
Guming Holdings Ltd. (1364.HK) reported on Friday its revenue rose 14.5% last year, while smaller rival Sichuan Baicha Baidao Industrial Co. Ltd. (2555.HK) said its revenue fell by a similar…
NEWS WRAP: Nayuki COO leaves amid growing challenge from larger peers
The bubble tea chain announced the senior executive departure days after it was ousted from the benchmark Hang Seng Composite Index By Teri Yu Nayuki Holdings Ltd. (2150.HK) on Wednesday…
BRIEF: Mixue serves up $444 million IPO
Leading bubble tea chain operator Mixue Group (2097.HK) launched its Hong Kong IPO share sale on Friday, saying it would sell about 17 million shares for HK$202.50 apiece to raise…
BRIEF: Mixue clears Hong Kong listing hearing, aims for early March debut
Leading Chinese bubble tea seller Mixue Group passed its listing hearing with the Hong Kong Stock Exchange, according to its post-hearing information pack released last Friday. After achieving that key…
BRIEF: Guming slumps in Hong Kong debut after raising $220 million
Shares of bubble tea seller Guming Holdings Ltd. (1364.HK) opened up 0.6% in their Hong Kong trading debut on Wednesday, but later reversed course as demand weakened. Shares were sold…
BRIEF: Guming to raise $220 million in Hong Kong IPO
Bubble tea seller Guming Holdings Ltd. (1364.HK) launched its Hong Kong IPO on Tuesday, saying it will offer nearly 159 million shares to local and international investors. It set an…
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
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