Q4 2024 Management View CEO Todd DeBonis highlighted that Q4 revenue aligned with guidance, driven by sequential growth in home and enterprise segments, while mobile revenue faced anticipated product ... ( read original story ...)
Latest bubble tea IPO mints another billionaire
Wang joins the growing club of Chinese bubble tea billionaires who have sprouted in recent years amid soaring demand for the drinks – a US$9.6bil market in 2018 that’s forecast to balloon into ... ( read original story ...)
Hong Kong’s latest bubble tea IPO mints another billionaire
Guming Holdings’ US$233 million (S$315 million) Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Wang Yun’an, to US$1.2 billion, according to ... ( read original story ...)
Eternal Beauty, China’s Largest Fragrance Distributor, Revives Hong Kong IPO Bid
The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau. ( read original story ...)
GDS considers IPO for international DayOne unit – report
Reports that GDS was seeking $1 billion in investment for its international data center unit surfaced in August 2024. In March of last year, the company raised $587 million for the unit. This was ... ( read original story ...)
China’s Bubble Tea Firm Mixue to Raise About $500 Million in Hong Kong IPO Later in Feb, Sources Say
SYDNEY/HONG KONG (Reuters) - China's largest bubble tea firm, Mixue Group, will begin bookbuilding for its Hong Kong initial public offering by the end of February to raise about $500 million, ... ( read original story ...)
Is China’s state-funded stock revival plan pie in the sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. ( read original story ...)