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China drinks chain Mixue profits spike 40% in 2024The results came after Mixue raised $444 million in a bumper Hong Kong listing, with the stock jumping more than 40 percent on its March 3 debut and trading at around double its offer price this week.
Shares of Mixue were highly sought after, with the Hong Kong offering over 5,200 times oversubscribed. The international offering was more than 35 times oversubscribed. Due to overwhelming demand ...
March 3, 2025 China bubble tea chain Mixue pops 47% on debut as Hong Kong IPO volumes rebound Shares of China's largest bubble tea and drinks chain, Mixue Group , jumped more than 47% in their ...
Mixue said it will use the proceeds mostly to expand its supply chain and ramp up production capacity for food ingredients and store equipment. The two brothers, Hongchao, Mixue’s 48-year-old ...
Just weeks earlier, beverage giant Mixue – now the world’s largest F&B chain by store count, surpassing McDonald’s and Starbucks – listed in Hong Kong. These brands, along with Luckin ...
The Chinese beverage giant Mixue Group has become the world’s largest F&B chain by number of outlets, overtaking Starbucks and McDonald’s. The company, whose brand name Mixue Bingcheng means ...
An employee waits for customers at a Mixue Ice Cream & Tea store in Hong Kong on March 26, 2025 - Copyright AFP Peter PARKS An employee waits for customers at a Mixue ...
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