Mixue

New Business

Mainland China’s billionaire count surges as BYD and Mixue bosses power wealth gains

Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent…

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New Business

How China’s ‘emotional spending’ trend is transforming shopping malls

In a central Wuhan shopping centre, a banner for a new Pop Mart hangs where an Air Jordan store once…

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New Business

Out with the old, in with Pop Mart: Gen Z’s ‘emotional consumption’ lift consumer stocks

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery…

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New Business

Mainland Chinese retailers take advantage of falling rents to expand Hong Kong presence

Mainland Chinese retailers are stepping up their expansion in Hong Kong, taking advantage of falling rents to target value-seeking consumers,…

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New Business

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

Chinese tea-drink maker Chagee Holdings has secured approval from the country’s market regulator for an initial public offering (IPO) in…

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New Business

Chinese consumer stocks are back in favour as Mixue rides Hong Kong IPO revival

Consumer stocks are making a comeback in Hong Kong after the city’s initial public offering (IPO) market recovered from a…

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New Business

Bubble tea giant Mixue’s IPO powered by prowess in procuring, production, prices: analysts

The retail portion of the company’s Hong Kong debut attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions on Wednesday,…

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New Business

In Malaysia, low-priced Chinese brands gain popularity in Western-dominated malls

Run the numbers, urged Malaysian high school student Nur Ristina Eiliyan. It costs 7 ringgit (US$1.58) to buy an ice…

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New Business

Chinese fast-food chain LXJ seeks IPO in Hong Kong amid market revival

LXJ International, which operates the largest fast-food chain in mainland China, is seeking a stock listing in Hong Kong to…

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