BRIEF: Red Bull challenger Eastroc falls flat after raising $1.3 billion in IPO
Shares of energy drink maker Eastroc Beverage (Group) Co. Ltd. (9980.HK; 605499.SH) opened flat at HK$248 on Tuesday in their Hong Kong trading debut, and traded in a narrow range before…
Chinese Coca Cola rising? A diversifying Eastroc makes second Hong Kong IPO bid
The Shenzhen-based company is rapidly developing beyond its original energy drink focus, as it continued to post strong growth in the first half of this year Key Takeaways: Eastroc has…
A Bagel success story, and a Red Bull slayer
Tim Hortons is tasting some new success in China with a bagel formula. Will this mark the start of a turnaround for the struggling chain? And a Red Bull killer named Eastroc has filed to list in Hong Kong. What’s the secret to its success, and will it attract investors to its story?
