IPO tea party set to resume with Guming’s regulatory nod from China?
The bubble tea chain’s stalled Hong Kong listing plan could resume following its official registration by the China Securities Regulatory Commission Key Takeaways: The China Securities Regulatory Commission has officially…
Oriental Rise serves up steamy IPO for tea lovers
The white tea cultivator’s shares jumped 50% in their trading debut on the Nasdaq, as it floated a compelling expansion story for investors Key Takeaways: Oriental Rise’s shares posted strong…
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…
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…
Nayuki tweaks franchising model as competitors serve up rival listings
The premium tea seller had 205 franchised stores in its network at the end of March, following its decision last year to diversify beyond self-operated stores Key Takeaways: Nayuki’s new…
Chabaidao joins Hong Kong IPO tea party
The country’s third-largest premium tea chain operator has grown rapidly using a franchise model, and outperforms its peers in terms of gross margin Key Takeaways: Chabaidao’s revenue grew 34.8% to…
Mixue brews up renewed IPO bid, tempting investors with overseas expansion
After an aborted attempt to list on China’s domestic A-share market, the country’s leading bubble tea chain has filed a new IPO application for Hong Kong Key Takeaways: Mixue has…
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