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Mixue shares surge in Hong Kong trading debut

China's largest bubble tea chain Mixue soars 34% on Hong Kong trading debut

Shares of China's largest bubble tea chain Mixue jumped as much as 34% on its market debut on Monday after a heavily oversubscribed initial public offering.

Reuters on MSN · 1d

China tea drinks Mixue shares rise nearly 30% in Hong Kong trading debut

By Scott Murdoch and Sophie Yu SYDNEY (Reuters) -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 an initial public offering (IPO).

Forbes · 1d

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.

Welcome to biggest fast food chain in world

Business Insider on MSN · 1d

$1 ice cream and billionaire brother founders: Welcome to the biggest fast-food chain in the world

The chain, which has over 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.

The Wall Street Journal on MSN · 1d

Forget McDonald’s. This Chinese Fast-Food Chain Is Now the World’s Biggest.

It sells ice cream and sugary drinks for under $1. Its mascot looks like the love child of Frosty the Snowman and the Michelin Man. And its stores relentlessly blare a jingle set to the tune of “Oh! Susanna.

Hindustan Times on MSN · 1d

This fast food chain is now the world's largest with a valuation of $10 billion. It's not McDonald's, KFC or Subway

China's Mixue Ice Cream and Tea has become the world’s biggest food-and-beverage chain in terms of the number of locations, topping McDonald’s and Starbucks. With the name pronounced as “ME-schway,” the company's 45,

1don MSN

This boba chain you’ve never heard of has more outlets than McDonald’s

Two decades ago, a modest snack stall in the middle of one’s China poorest provinces saw its business take off after selling cut-price soft serve for just 15 cents (1 yuan) per cone. Today, it has ...

10h

Mixue reaps sweet gains as stock soars on HK debut

Mixue Group, Chinese mainland's largest fresh drinks producer by retail market share, made a strong debut on the Hong Kong ...

1don MSN

Analyst reveals largest challenge for Mixue after stellar market debut

Mixue shares rallied more than 40% on their Hong Kong debut. Longdley Zephirin expects Mixue to struggle with expansion into ...

1don MSN

China's BYD Launches Share Sale to Raise up to $5.2 Billion, Term Sheet Shows

(Reuters) -Chinese electric vehicle maker BYD has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an ...

'China exports not only steel, cars and social media, but Starbucks competitors too'

COLUMN. The bubble tea specialist Mixue, which has already expanded into 11 countries, recorded the largest IPO on the Hong ...

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