Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the ...
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The chain, which has more than 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.
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 shares rallied more than 40% on their Hong Kong debut. Longdley Zephirin expects Mixue to struggle with expansion into ...
Zhang Hongchao and Zhang Hongfu, founders of Chinese beverage giant Mixue Group, now have a combined net worth of $8.1 billion, surpassing Starbucks' former CEO Howard Schultz.
Footage shows how a Chinese drinks chain that this week had a blockbuster IPO copied its theme tune from a racist 19th century Alabama folk song. Mixue floated on the Hong Kong stock exchange on March ...
It is closed at HK$257 on Phillip's grey market, 26.9% higher than the grey market's IPO price of HK$202.5. Based on 100 shares per lot, excluding handling fees, the book value gain per lot is ...
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