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

The share sale lifts founder Zhang Hongchao and his brother Zhang Hongfu’s combined fortune to US$8.1 billion. Mixue Group, China’s largest bubble-tea chain, will begin trading in Hong Kong on ...

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 million) initial public ...

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.

By this standard, 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 margin loans from ...

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. Trading in ...

Mixue, which had earlier planned to raise up to $1 billion in the IPO, scaled back the size of its share sale as it was not in desperate need of cash, Reuters reported, citing sources. It has ...

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. Do you have ...

The bulk of its revenue comes from the sale of merchandise and equipment to franchised stores, which are required to buy these items from Mixue. "They're not making money just off the franchise ...

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 ...

HONG KONG (Reuters) - Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking ...