Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the ...

Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong's IPO market.

Mixue shares rallied more than 40% on their Hong Kong debut. Longdley Zephirin expects Mixue to struggle with expansion into ...

Mixue Group, China’s largest bubble-tea chain, surged in its Hong Kong trading debut after individual investors flocked to ...

Mixue, popular for its low-cost drinks and Snow King mascot, generated $444 million by offering 17 million shares at HK$202.5 ...

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 ...

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped ...

Mixue's gain came as its major bubble tea rivals were sold off, with Sichuan Baicha Baidao down nearly 7% and Guming down 1.7 ...

“I don’t even bother checking the price,” she said with a chuckle, adding that she wished she had known about the IPO. Over 99% of Mixue’s stores are franchised, according to its ...

Mixue’s float has been the largest so far in what’s shaping up to be Hong Kong’s biggest year for IPOs since 2021.