Mixue shares surge in Hong Kong trading debut as investors flock to milk tea vendor
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 offerings (IPOs) in recent months.
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 that new listings in 2024 raised a total of 87.74 billion Hong Kong dollars, a more than 90 percent increase from the previous year.
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The chain, which has over 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.
Mixue Mixue Ice Cream and Tea has eclipsed McDonald's, Starbucks and Subway to become the largest food and ...
The retail portion of the Hong Kong initial public offering (IPO) for China’s largest fresh-drinks chain, Mixue Group, ...
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