Mixue sold 17 million shares in the deal at a fixed price of HK$202.50 ($26.04) each. The shares started trading at HK$262 each and the gains outpaced a 0.8% rise in Hong Kong’s Hang Seng Index.

Forget leather or suede. These boots are made out of Chili's booths. Chili's and Tecovas teamed up on new 'booth boots' launching July 29.

Mixue could face challenges in growing its footprint in the tier 1 cities, according to a Zephirin Group analyst. Longdley Zephirin’s remarks arrive only hours after shares of China’s largest ...

Mixue is the world's biggest fast-food chain by store count. As of September, it had more than 45,000 stores — franchisees and self-owned — around the world.

One of Mixue’s biggest advantages is its affordability. It sells soft-serve ice cream for as little as 1 yuan (15 cents) and beverages for 30 cents to $1.20.

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.

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 ...

Mixue has filed for an IPO in Hong Kong, aiming to raise up to $1 billion for its global expansion.

Susanna.” This recipe helped Mixue Ice Cream and Tea become the world’s biggest food-and-beverage chain by number of locations, topping McDonald’s and Starbucks.

Mixue's low-cost model and rapid expansion drive growth with overseas potential.