Chinese bubble tea maker clears Hong Kong Stock Exchange listing hearing
ZHENGZHOU, Feb. 15 (Xinhua) -- Chinese beverage company Mixue Bingcheng cleared the listing hearing of the Hong Kong Stock Exchange and disclosed its post-hearing prospectus on Friday, marking another step closer to its listing on the Hong Kong stock market.
Mixue Bingcheng owns a made-to-order tea brand with the same name as the company and the freshly brewed coffee brand Lucky Cup, focusing on providing high-quality and affordable beverages, ice cream and coffee to a wide range of consumers.
As of Dec. 31 last year, Mixue Bingcheng had a combined 46,479 stores at home and abroad -- with approximately 9 billion cups of beverages sold in 2024.
A report by China Insights Consultancy, an independent industry consulting platform, said that based on its number of stores as of Sept. 30, 2024, Mixue Bingcheng is the world's largest made-to-order beverage company.
（Editor:Liao Yifan）
