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% on Monday. Retail investors in the IPO subscribed for 5,258 times more shares than were on offer in that tranche, according to Mixue's filings, making it one of Hong Kong's most popular IPOs.

Shares of China's largest bubble tea and drinks chain Mixue Group jumped more than 43% on their first day of trading on the Hong Kong Stock Exchange on Monday, as the city records its strongest start to a year for new listings since 2021.

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 an initial public offering (IPO).

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.

Mixue Ice Cream and Tea may be unfamiliar to many of us but the Chinese firm has more outlets than McDonald's and Starbucks. On Monday, the bubble tea chain's shares jumped by more than 40% in their Hong Kong Stock Exchange debut.

HONG KONG -- China's top bubble tea chain Mixue, which counts more shops than the global networks of Starbucks and McDonald's, soared in its debut on the Hong Kong stock exchange Monday, ending its first day over 40% above its initial public offering price.

Think McDonald’s and Starbucks are the world’s biggest food and beverage chains in terms of locations? Think again. Mixue Ice Cream and Tea, China's largest bubble tea and drinks chain famous for its snow king mascot and low prices,

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.

Mixue Ice Cream and Tea chain’s shares when listed on the Hong Kong Stock Exchange rosed by nearly 30%.A Chinese company which might not be widely known known actually has more locations than McDonald’s and Starbucks.

The company is loved for its affordability, reportedly selling ice creams and drinks for an average of just 65p.

SYDNEY, March 3 (Reuters) - Shares of China's largest bubble tea and drinks chain, Mixue Group (2097.HK), opens new tab, jumped more than 47% in their debut on the Hong Kong Stock Exchange on ...

HONG KONG -- China's top bubble tea chain Mixue, which counts more shops than the global networks of Starbucks and McDonalds, jumped 29.4% after its listing on the Hong Kong Exchange Monday morning. The stock opened at 262 Hong Kong dollars, versus the initial public offering price of HK$202.50.