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 ...

"Many Chinese tea chain stocks had dismal debuts ... which operates 53% of its stores directly. In the first nine months of 2024, Mixue reported a net profit of 3.49 billion yuan, up from 3. ...

Mixue, the world's largest fast-food chain ... Eli Tun, a student waiting for his regular order — a SG$3 taro milk tea — said he first spotted the brand in Malaysia last year and realized ...

Mixue is known for its milk tea, fruit drinks ... Shanghai, Beijing and Guangzhou are widely cited as first tier cities. "Our base case valuation of Mixue Group is implied market cap of HKD ...

Mixue Bingcheng ... which is now better known for its bubble tea offerings, saw its shares jump more than 40% on Monday in its first day of trading in Hong Kong, after having raised $444 million ...

Mixue's gain came as its major bubble tea rivals were sold off ... IPO debutantes have recorded an 11.7% gain on average on their first day of trade, well up on the 7.6% gain in 2024, the data ...