Market Chatter: Mixue Group Targets $500 Million in Hong Kong IPO

MT Newswires Live

Feb 12, 2025

Mixue Group is set to launch bookbuilding for its Hong Kong IPO by late February, with trading on the bourse targeted in early March, Reuters reported Tuesday, citing sources privy to the matter.

Sources said the Chinese bubble tea chain is aiming to raise about $500 million, scaling back from the initial target of $1 billion as the company is not in desperate need of cash, according to the report.

Mixue intends to use IPO proceeds to expand production and diversify its drink offerings, Reuters wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02833","symbol_name":"恒指ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510904353","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510904353","pubTimestamp":1739331835,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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