Bubble Tea Giant Hong Kong Trade Debut
Snow King Mascot, China, Thursday, on February 27, 2025 in a cup in a cup in a mixture in China.
Bloomberg | Bloomberg | Getty pictures
China’s largest bubble tea chain mixture, on Monday, after Monday, after the initial public sacrifice, 30% jumped in the debut.
Shares were seen last 260 Hong Kong dollars ($ 33.4) compared to the price of IPO ($ 33.4) traded 28% $ 202.5 for a stock. According to the exchange information exchange, the Exchange HK has opened the trade on 267 $ 267.
The company offered 17.06 million shares in IPO, increased a total of $ 3.45 billion.
Mixue is known with milk river, fruit drinks, ice cream and coffee.
The shares of other Chinese Baloncuk Tea companies listed in Hong Kong also risen on Monday morning. Nayuki, Sichuan Baicha Baidao was 5.6% higher, but 7.1% of Nayuki increased. Gum rose to 2.2%.
IPO, M & G Investment, Hongshan growth, sustainability growth, the HLR Foundation and the five foundation investor included in the Long-Z Foundation of Meitua.
The shares of the mixtures are very sought, 5200 times with Hong Kong. The international offer is more than 35 times.
IPO’s initial separation was 10% and 90% international proposal to the Hong Kong proposal was 90%.
However, Mikue, in connection with the Hong Kong proposal, this was more than 100 times the total number of the total number of shares, and by 50% by 50% to 50% by 50%.
Books for IPO, American securities, Goldman Sachs and UBSs were bank.
‘Warming of investors’ to the bubble tea market
“Investors are re-opening the bubble tea market,” he said.
Mikue is currently mainly in Southeast Asia, the bubble tea chain, the Chinese river chain, Heytea, Europe and the United States can be followed by the United States.
Mikue’s biggest problem varies from three largest cities in two and three cities of the city to a city of most of their rivals such as Nayuk and Heitea.
Unless the formal classification is not classified, China’s cities are often classified in certain stages based on common internal products (GDP) and population. Shanghai, Beijing and Guangzhou are widely built as the first step cities.
The assessment of the Mixue Group’s basic lawyer provides a target price of 96 billion or HKD 254, which is 26% higher than the initial IPO price, “he said.
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