Daily Cuts

China bubble tea chain Mixue surges over 40% on debut


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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

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