Shares of China’s largest bubble tea and drinks chain Mixue Group jumped nearly 30% on their first day of trading on the Hong Kong Stock Exchange on Monday after the firm raised $444 million in ...

By this metric, Mixue surpassed a record set by Ant Group's scuttled IPO in 2020 and Kuaishou Technology's share sale in 2021, which both raked in around HK$1.3 trillion in loans.

Mixue's five production bases across China churn out vast quantities of sugar, milk, tea, and coffee. In 2023 alone, the company produced 244,666 tons of sugar, accounting for 1.8 per cent of ...

SYDNEY, March 3 (Reuters) - Shares of China's largest bubble tea and drinks chain, Mixue Group (2097.HK), opens new tab, jumped more than 47% in their debut on the Hong Kong Stock Exchange on ...

Mixue said it will use the proceeds mostly to expand its supply chain and ramp up production capacity for food ingredients and store equipment. The two brothers, Hongchao, Mixue’s 48-year-old ...

Mixue Group, Chinese mainland's largest fresh drinks producer by retail market share, made a strong debut on the Hong Kong stock exchange, opening 29 percent above its initial public offering ...

Mixue Bingcheng, which means honey snow ice city, now boasts over 45,000 outlets worldwide as of last September. The budget-friendly drinks giant, which is now better known for its bubble tea ...

(Bloomberg) -- Mixue Group, China’s largest bubble-tea chain, surged in its Hong Kong trading debut after individual investors flocked to the company’s blockbuster HK$3.45 billion ($444 ...

Bubble tea brand Mixue Group’s stock jumped in its Hong Kong trading debut as investors snapped up shares of the milk tea vendor, marking one of the city’s most successful initial public ...

A Mixue mascot strikes a gong during the company's listing ceremony at the Hong Kong bourse on Monday. LAM YIK/REUTERS Mixue Group, Chinese mainland's largest fresh drinks producer by retail ...

China’s largest fresh-drink company Mixue Group aims to raise HK$3.45 billion (US$444 million) in a Hong Kong initial public offering (IPO) to expand its business amid heightened competition.