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 ...
That affordability remains Mixue’s biggest draw, especially as its home market struggles with an economic downturn. At its outlet in Hong Kong’s Causeway Bay neighborhood on Monday ...
(Bloomberg) -- 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 ...
Mixue Group, Chinese mainland's largest fresh drinks producer by retail market share, made a strong debut on the Hong Kong stock exchange, opening 29 percent above its initial public offering ...
$1 ice cream, $2 drinks Mixue's main draw is its cheap products, customers in Singapore told Business Insider. The chain has about 20 outlets in Singapore, all operating as to-go counters.
Mixue's five production bases across China churn out vast quantities of sugar, milk, tea, and coffee. In 2023 alone, the company produced 244,666 tons of sugar, accounting for 1.8 per cent of ...