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…
Forget the pearls and cheese, Chagee says, offering up simpler milk teas for U.S. investors
The premium tea chain has filed to list on the Nasdaq, reporting its revenue rose more than 20-fold between 2022 and 2024 Key Takeaways: Chagee has filed for a New…
BRIEF: Mixue posts strong profit, revenue gains in first post-IPO report
Leading bubble tea chain Mixue Group (2097.HK) on Wednesday said its revenue reached 24.83 billion yuan ($3.42 billion) last year, up 22.3% from 2023, according to its first financial report…
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…
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…
Mixue pours up strong growth in China’s overheated bubble tea market
The country’s leading premium tea chain has relaunched its Hong Kong IPO, reporting 42% profit growth in the first nine months of last year even as many of its rivals…
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:…
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