China’s $1 bubble tea chain soars 43% in Hong Kong debut

Mixue’s IPO, city’s biggest in year to date, highlights investor focus on China’s price-conscious consumers

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China's largest bubble tea chain Mixue soars 43% on Hong Kong trading debut

Shares of China's largest bubble tea chain Mixue jumped more than 40% on its market debut on Monday after a heavily oversubscribed initial public offering.
CNBC - 7h
Hong Kong stock exchange posts record profits after China stimulus

Listings and trading fees jumped in 2024 after Beijing’s moves to boost markets
Financial Times - 4d
Hong Kong's main opposition party announces plan to dissolve

Once Hong Kong's largest opposition party, the Democratic Party has suffered since China's crackdown.
BBC News - Feb. 21
How a Hong Kong Artist Got Fired From McDonald’s

Luke Ching has made a name for himself with creative campaigns to improve working conditions for menial laborers, even as the scope for political protests in the city has narrowed.
The New York Times - Feb. 21
Hong Kong’s last major pro-democracy party moves to disband

Hong Kong’s Democratic Party said late on Thursday it would start preparations to disband and wind up its affairs after a meeting of its leadership, amid a years-long national security crackdown in ...
NBC News - Feb. 21
Hong Kong’s oldest pro-democracy party says it will begin process of disbanding

Democratic party chair Lo Kin-hei would not comment on whether Beijing put pressure on members. Hong Kong’s oldest pro-democracy party, which became an influential voice of opposition before ...
The Guardian - Feb. 21
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure

Deal would require debt-laden utility’s bondholders to take significant writedowns
Financial Times - Feb. 21
Hong Kong mulls basketball betting as finances fall short

Asian financial hub slashes civil service and property transaction tax to combat slowing economic growth
Financial Times - 5d
Hong Kong’s ‘superman’ billionaire and the battle over the Panama Canal

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence
Financial Times - 3d

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