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…
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…
Guming IPO returns to front burner with new listing application
The maker of mid-priced fresh fruit teas could raise $300 million in its year-end Hong Kong listing, as China ends a ban on new IPOs by the group Key Takeaways:…
Chinese securities regulator puts lid on Hong Kong IPO tea party
The CSRC has temporarily stopped approving new Hong Kong listings by bubble tea makers, affecting pending applications by Mixue and Guming, according to a Reuters report Key Takeaways: China’s securities…
Nayuki serves up cup of red ink in China’s overheated tea wars
The bubble tea chain’s revenue slipped 1.9% in the first half of the year, as an 8% decline for its self-operated stores was mostly offset by gains for its newer…
Chabaidao cancels dividend, Nayuki swings to red as bubble tea sector boils over
China’s premium tea space has become rife with cutthroat competition, with 3,000 brands and up to 420,000 stores fighting for business at the end of last year Key Takeaways: Chabaidao…
Green Tea brews up IPO-funded small-town expansion plan
The restaurant operator has made its fourth application for a Hong Kong listing, aiming to use the funds for an aggressive move into China’s less-affluent ‘sunken markets’ Key Takeaways: Green…
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RECENT ARTICLES
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Mixue pours up strong growth in China’s overheated bubble tea market
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A tea party resumes and the allure of Nvidia
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