Which of China’s milk tea makers might line up for Gong Cha sale?
Chagee and Chabaidao look the most suitable to make potential bids for the majority stake in the premium tea pioneer being sold by TA Associates Key Takeaways: TA Associates has…
Auntea Jenny survives at periphery of China bubble tea market. Drink with caution
After a difficult period of revenue contraction in 2024, the mid-tier premium tea seller returned to strong profit growth last year Key Takeaways: Auntea Jenny said it expects to report…
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…
