Chinese bubble tea chain Mixue aims to raise $443 million in Hong Kong IPO


Pedestrians walk past the Exchange Square complex which houses the HKEX. —Bloomberg

CHINA's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.

The company started bookbuilding on Friday for its sale of 17.1 million shares at a fixed price of HK$202.5 each, with the stock set to begin trading on the Hong Kong Stock Exchange on March 3.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mixue , HKEX , listing , IPO , tea , F&B , retail

Next In Business News

YTL’s Francis Yeoh, Eu Yan Sang’s Anne Eu receive lifetime achievement awards in London
Doubts over Viet reform drive
Leadership exodus tests Malaysia’s digital banks
Capitalising on the tourism momentum
South African beauty market gets makeover
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Chinese tea chains pour into US
Blazing a trail for fire safety
Bond buys fall flat

Others Also Read