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China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan

SCMP LogoSCMP1d ago

China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan - SCMP

Quick Summary:

Company receives approval for Nasdaq or NYSE listing after Beijing’s pledge to help more mainland companies raise funds.

Peer Guming raised US$232 million via a Hong Kong IPO in February, and its shares have since gained 12.7 per cent.

Retail investors subscribed to 5,258 times more shares than were offered, making it one of Hong Kong’s most popular IPOs ever.

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China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan - SCMP (Picture 1)

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Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 14:00:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26716865

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 3 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan" has 219 words across 7 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan" was covered 1 days ago by SCMP, a news publisher based in Hong Kong.

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The outlet is headquartered in Hong Kong and publishes an average of 3 news stories per day.

It's most recent story was published 1 hours ago.

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  • News ID: #26716865
  • URL: https://beamstart.com/news/china-fresh-tea-brand-chagee-17413273986934

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