BEAMSTART Logo

HomeNews

Chinese tea firm Chagee raises US$411 million in New York IPO, sources say

SCMP LogoSCMP1d ago

Chinese tea firm Chagee raises US$411 million in New York IPO, sources say - SCMP

Quick Summary:

At US$28 per depositary share, Chagee will be valued at US$5.1 billion, according to its regulatory filings.

Cornerstone investors subscribed for Chagee’s shares worth up to US$205 million in the IPO, filings showed.

The sources could not be identified discussing confidential information.

More Pictures

Chinese tea firm Chagee raises US$411 million in New York IPO, sources say - SCMP (Picture 1)

or

Article Details

Author / Journalist: Reuters

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 15:30:42 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 209 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 27961499

View Article Analysis

About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 6 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 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

Frequently Asked Questions

How long will it take to read this news story?

The story "Chinese tea firm Chagee raises US$411 million in New York IPO, sources say" has 209 words across 10 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Chinese tea firm Chagee raises US$411 million in New York IPO, sources say" was covered 1 days ago by SCMP, a news publisher based in Hong Kong.

How trustworthy is 'SCMP' news outlet?

SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 6 news stories per day.

It's most recent story was published 3 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27961499
  • URL: https://beamstart.com/news/chinese-tea-firm-chagee-raises-17448776325038

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.