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Mixue shares surge in Hong Kong trading debut

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.

China Internet Information Center · 9h

Hong Kong's stock market sees strong performance with Mixue Group's stellar debut

The positive trend in the Hong Kong stock market, bolstered by a series of successful IPOs, enhances its allure to potential listings. Reports by Hong Kong Exchanges and Clearing Ltd. (HKEX) indicated that new listings in 2024 raised a total of 87.74 billion Hong Kong dollars, a more than 90 percent increase from the previous year.

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.

Metro on MSN · 1h

The world's biggest fast food chain with 45,000 stores and 35p ice cream

When you think about the most famous fast food chains in the world, companies like McDonald’s, Burger King, and Starbucks will likely spring to mind. But you might be surprised to learn that none of these are actually the world’s biggest chain.

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 ...

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 ...

23hon 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 ...

KFGO3h

Bigger Than McDonalds or Starbucks? #Mixue

Mixue Mixue Ice Cream and Tea has eclipsed McDonald's, Starbucks and Subway to become the largest food and ...

Retail portion of Mixue’s IPO sets record with nearly US$206 billion in subscriptions

The retail portion of the Hong Kong initial public offering (IPO) for China’s largest fresh-drinks chain, Mixue Group, ...

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