Mixue’s Bubble Tea IPO Sees Overwhelming Demand and 43% Jump
China-based bubble tea chain Mixue’s shares jumped more than 40% on its market debut, exceeding expectations. The initial public offering (IPO) was heavily oversubscribed, with the Hong Kong offering receiving over 5,200 times the number of bids compared to available shares. The international offering also saw significant interest, with demand over 35 times the amount. … Read more