China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.
Bubble-Tea Giant Mixue Seeks $444 Million in Hong Kong IPO
Mixue Group, operator of China’s largest bubble-tea chain, plans to raise HK$3.45 billion ($444 million) in a Hong Kong initial public offering to help it fend off competition in the fast-growing ...
New World Development flags up to $875 million interim loss amid China’s property woes
(Reuters) -Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the first half of fiscal 2025 on lower ...
Hong Kong Democratic Party plans to dissolve, citing ‘overall political environment’
Hong Kong's Democratic Party said Thursday it is formally dissolving what once was the main political opposition group in the city. A task force has been set up to handle the legal and financial ...
HK’s New World Development sees loss of up to $875 million in first half of 2025
Hong Kong-based property developer New World Development said on Friday it expects to record a loss attributable between HK$6.60 billion and HK$6.80 billion ($875.07 million) from its continuing ...
Hong Kong’s Budget will be one of hard trade-offs
Cost-cutting is inevitable for the city in its third straight year of deficit; but growth cannot be sacrificed. Read more at straitstimes.com.
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Mixue aims to raise US$444 million in Hong Kong IPO as its juices, iced drinks take off
China's largest fresh-drink company Mixue Group aims to raise HK$3.45 billion (US$444 million) in a Hong Kong initial public offering (IPO) to expand its business amid heightened competition. The ...
Hong Kong shares hit 3-year peak as money flows to China tech sector
SHANGHAI/HONG KONG -- Hong Kong shares hit their highest in three years on Friday as better-than-expected earnings by e-commerce conglomerate Alibaba Group Holding stoked a rally that has been driven ...
Hong Kong homes lost US$61.7 billion in value after removal of curbs: Centaline
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing ...
Hong Kong underwriting flexibility rises amidst competition: Aon
Despite limited new business opportunities, the market continues to attract capacity. Hong Kong's insurance market remains well-capitalised with stable demand, but lower-than-expected economic growth ...
Hong Kong’s main opposition party announces plan to dissolve
The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's largest opposition group. Members will soon vote on the final decision on whether to shut down the ...
The Hong Kong Artist Who Got Fired From McDonald’s
Luke Ching has made a name for himself with creative campaigns to improve working conditions for menial laborers, even as the scope for political protests in the city has narrowed.
Chinese beverage heiress sued in Hong Kong over assets dispute
HONG KONG – Kelly Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou and current chairman of beverage giant Hangzhou Wahaha Group, is being sued in a Hong Kong court as part of an ...