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Shares of Mixue Group, a Hong Kong-listed bubble tea chain, are selling at 29 times estimated earnings-per-share. Guming Holdings, a milk tea company also listed in Hong Kong, trades at 19 times ...
Mixue is known for its milk tea, fruit drinks, ice cream and coffee. Its IPO comes weeks after Guming's, another Chinese bubble tea chain. Shares of China's largest bubble tea chain Mixue jumped ...
Unless these factors play out, we remain bearish on CHA and recommend investors look into Mixue as the alternative China consumer play, given its low-cost leadership in ice cream, milk tea ...
Market though is overflowing with rivals and fierce price clashes. Read more at straitstimes.com. Read more at ...
Mixue is often seen as China's largest chain of iced drinks, milk tea, and ice cream. However, it operates more like a raw-material supplier than a traditional beverage brand. Founded in 1997 as a ...
Chagee CEO Zhang Junjie became a billionaire at age 30 after the tea chain successfully went public ... Just weeks earlier, beverage giant Mixue – now the world’s largest F&B chain by store ...
Chinese bubble tea chain Auntea Jenny (Shanghai) Industrial's shares surged on their trading debut in Hong Kong, the latest in a string of offerings from tea sellers. Shares surged 56% in early trade ...
Chinese tea chain Auntea Jenny is set to debut on the Hong Kong Stock Exchange on May 3, becoming another milk tea brand to ...
China's bubble tea market is overflowing with rivals and fierce price clashes – yet it's set to produce another billionaire ...
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