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Baicha Baidao

Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year

by Anas Siddiqui
Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year

Sichuan Baicha Baidao Industrial, which owns and operates a chain of bubble-tea shops in mainland China, tanked on its first day of trading in Hong Kong, as investors shunned the …

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Chinese tea shop giant Sichuan Baicha Baidao aims to raise US$330 million in Hong Kong’s biggest IPO of 2024

by Anas Siddiqui
Chinese tea shop giant Sichuan Baicha Baidao aims to raise US0 million in Hong Kong’s biggest IPO of 2024

Chinese tea shop giant Sichuan Baicha Baidao Industrial aims to raise HK$2.5 billion (US$330 million) in a Hong Kong initial public offering (IPO), set to be the city’s largest new-share …

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