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China bubble tea chain Mixue pops 47% on debut

China Bubble Tea Chain Mixue Pops 47% on Debut as Hong Kong IPO Volumes Rebound

Mixue's gain came as its major bubble tea rivals were sold off, with Sichuan Baicha Baidao down nearly 7% and Guming down 1.7% on Monday. Retail investors in the IPO subscribed for 5,258 times more shares than were on offer in that tranche, according to Mixue's filings, making it one of Hong Kong's most popular IPOs.

Fortune on MSN · 11h

Shares in Mixue—a Chinese ice cream chain with more stores than McDonald’s—jump over 40% after Hong Kong’s largest IPO so far this year

Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong's IPO market.

Forbes · 12h

Billionaire Brothers’ Chinese Bubble Tea Giant Mixue Surges In Hong Kong Debut

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.

Xinhua2h

Economic Watch: Hong Kong's stock market sees strong performance with Mixue Group's stellar debut

The positive trend in the Hong Kong stock market, bolstered by a series of successful IPOs, enhances its allure to potential listings. Reports by Hong Kong Exchanges and Clearing Ltd. (HKEX) indicated ...

Global Finance2d

Hong Kong Eases IPO Rules

According to Bonnie Chan, HKEX’s CEO, nearly 100 companies were in the city’s IPO pipeline as of January.

12h

Bubble-tea giant Mixue surges after Hong Kong's biggest IPO of year

The popularity of the stock helps fuel optimism over the revival of Hong Kong’s IPO market, which is projected to double this ...

Sigenergy Charges Into IPO Just Two Years After Inception

One such company, Sigenergy Technology Co. Ltd., is seizing on this latest flavor of new energy technology to launch a Hong ...

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