Latest News for: Bubble tea maker

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Google-Backed AI Firm Is Hong Kong’s Latest Stock Debut Flop

Hindustan Times 24 Apr 2024
Google-Backed AI Firm Is Hong Kong’s Latest Stock Debut Flop ... Explore now! ... On Tuesday, bubble-tea maker Sichuan Baicha Baidao Industrial Co ... Read More. Bubble Tea IPO Drains Dregs of Optimism From HK. Bloomberg Deals ... Download now! ... ....
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Bubble-Tea Maker Chabaidao Slumps 37% in Hong Kong’s Biggest 2024 Debut

Caixin Online 23 Apr 2024
(Bloomberg) — Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao, plunged ...
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Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in ...

South China Morning Post 23 Apr 2024
Chabaidao’s stock ended the day 27 per cent lower after slumping as much as 38 per cent. It raised about HK$2.6 billion (US$331.7 million) from the sale of 147.8 million shares at HK$17.50 each ... .
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Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO

CNN 23 Apr 2024
It may also be a warning shot to other bubble tea makers preparing to go public amid a difficult time for Chinese stocks ... Another Chinese bubble tea maker, Nayuki, has lost 88% of its stock market value since going public in Hong Kong in 2021.
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China's bubble tea explosion has minted half-a-dozen billionaires

Business Insider 22 Apr 2024
The surge in bubble tea business has particularly benefited the lower-cost tea makers, as China's economy overall ... That pricing dynamic has put high-end bubble tea maker Nayuki Holdings in a tough spot.
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‘Princess of Wahaha’ Looks to Revive a Fortune Down $18 Billion

Live Mint 28 Mar 2024
While other drink makers seized onto the bubble-tea and coffee craze that’s taken over the region — there are at least six bubble-tea companies waiting to go public in Hong KongWahaha has remained largely on the sidelines.
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Tea chain joins in IPO brew

Hong Kong Standard 14 Feb 2024
This came as bubble tea makers such as Mixue Bingcheng, Guming and Sichuan Baicha Baidao, the company behind the fruit and milk tea brand Cha Panda, have all submitted applications for initial public offerings here.
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SAR a 'showroom' for mainland brands

China Daily 04 Feb 2024
The high-profile arrivals over the past year have been mostly household names like spicy fish dish maker Tai Er and bubble tea chain Mixue Bingcheng ... "Hong Kong is a good showroom ... Differentiation is key ... evanliu@chinadailyhk.com.
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