Staff Reporter
,
Hong Kong
Photo from Unsplash by Markus Winkler.
The IPO is priced at HK$202.50 per share.
Bubble tea giant Mixue Group has launched its IPO in Hong Kong, offering 17,059,900 H Shares at HK$202.50 per share which could potentially raise nearly $444m (HK$3.45b).
An additional over-allotment option of 2,558,900 shares could increase total proceeds to nearly HK$3.97 billion.
Five cornerstone investors have subscribed for $200m
Trading is expected to begin on 3 March 2025.
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