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Mixue Group, a bubble tea maker, shares surged over 47% at their March 3, 2025 Hong Kong debut, peaking at HKD 287 ($36.74) per share, bringing the company close to a $140.8 billion market valuation. Why it matters: Mixue’s explosive debut underscores strong investor appetite for China’s budget-friendly beverage market…
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Chinese bubble-tea giant Mixue pops 47% on debut as investor demand surges
Mixue Group, a bubble tea maker, shares surged over 47% at their March 3, 2025 Hong Kong debut, peaking at HKD 287 ($36.74) per share, bringing the company close to a $140.8 billion market valuation. Why it matters: Mixue’s explosive debut underscores strong investor appetite for China’s budget-friendly beverage market…