Daily Cuts - China bubble tea chain Mixue surges over 40% on debut

06 Mar 2025 09:16AM
10 mins
China’s largest bubble tea chain Mixue was off to a robust start on its trading debut, jumping as much as 47% at one point. The stellar start reinforces hopes for a strong year in new equity issuances by Chinese companies in Hong Kong. Andrea Heng and Hairianto Diman find out what makes Mixue such an attractive investment with Gary Ng, senior economist, Natixis