Hong Kong, bubble tea and China

Hong Kong’s latest bubble tea IPO mints another billionaire
Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to US$1.2 billion, according to the Bloomberg Billionaires Index. Shares were sold at HK$9.94 each in the IPO.
China bubble tea maker Guming rises 0.6% on Hong Kong trading debut
Shares of Chinese bubble tea maker Guming rose by 0.6% on the Hong Kong Stock Exchange on Wednesday after the company raised $232 million in an initial public offering.
China’s Wang Could Be Worth $1 Billion As Tea Chain Lists In Hong Kong
Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.
Hong Kong’s latest bubble tea IPO mints another billionaire – Guming’s millennial founder
Guming says it targets smaller cities where bubble tea is not as readily available and growth outpaces that of megacities. Read more at straitstimes.com.
Bubble tea maker Guming slumps 10% in Hong Kong share debut
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -Shares of Chinese bubble tea maker Guming slid by as much as 10% in their debut on the Hong Kong Stock Exchange on Wednesday, as retail investors sold the stock,
Bubble Tea Maker Talks Expansion After Hong Kong IPO Turns Founder Into Billionaire
Guming Holdings Ltd.’s Chief Financial Officer Hailing Meng tells The China Show about the bubble tea maker's expansion plans and its secret sauce in a fierce market following a $233 million Hong Kong IPO.
China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s successful debut
The mainland’s top bubble tea maker plans to launch its IPO later this month and list in early March, report says.
Arts Picks: Hong Kong Ballet’s Alice, Lim Tze Peng high tea and Yom Bo Sung’s solo
Catch Hong Kong Ballet's blockbuster show and get a tasty introduction to Lim Tze Peng's art at Anti:Dote. Read more at ...
Your Hong Kong weekend drinks guide for February 7-9
Le Chamber and The Bombay Canteen are both paying visits to the city’s esteemed bars, and Terrible Baby has conjured a ...
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Chinese bubble-tea giant Guming targets US$200 million in Hong Kong IPO
Chinese bubble tea drinks company Guming Holdings aims to raise up to HK$1.58 billion (US$202 million) from a Hong Kong initial public offering (IPO), the first in the Year of the Snake.