BRIEF: Bama Tea to raise up to $58 million in Hong Kong IPO
Tea producer Bama Tea Co. Ltd. (6980.HK) launched its Hong Kong IPO on Monday, aiming to sell 9 million shares for HK$45 to HK$50 apiece to raise up to HK$450…
Mixue dips toe into beer market with first major post-IPO purchase
The leading milk tea chain will pay $40 million for 51% of Fulujia, one of the country’s leading operators of stores selling beer-based drinks Key Takeaways: Mixue will pay 285.6…
Despite stellar results, Mixue gets investor cold shoulder as delivery wars wind down
Analysts are calling the leading bubble tea chain’s revenue and profit gains unsustainable as its takeout delivery partners pledge to cut back on discounts and vouchers Key Takeaways: Mixue’s shares…
Baiyunshan serves up high dividend in lieu of vanilla results
Profits from the company’s Great Health segment rose 14% in the first half of 2025, primarily driven by strong results for its popular Wanglaoji herbal tea Key Takeaways: Baiyunshan’s revenue…
From ‘magic tea’ to dietary drugs, can Besunyen reclaim its glory days？
Once a household name known for its ‘slimming tea,’ the company is looking for a new formula in dietary drugs after years of losses and asset sales Key Takeaways: Besunyen…
BRIEF: Lancang Ancient Tea to raise $7.5 million via share placement at 16% discount
Tea producer Lancang Ancient Tea Co. Ltd. (6911.HK) announced on Sunday that it plans to place 24 million Hong Kong-listed shares, representing 16% of its enlarged issued share capital. It…
BRIEF: Lancang Ancient Tea shareholder pledges stake amid trading halt
Tea merchant Pu’er Lancang Ancient Tea Co. Ltd. (6911.HK) said on Tuesday that controlling shareholders Wang Juan and Guangzhou Tiansu Information have pledged nearly 20 million shares as collateral for…
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