Thursday, 25th April 2024
To guardian.ng
Search

Bubble tea brews China’s $650 million mega-IPO

Chinese bubble tea chain Nayuki edged down on its Hong Kong market debut Wednesday after raising more than US$650 million in an IPO that marked the culmination of a literal labour of love for the co-owners who created the firm on a blind date.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

2 days ago
South Africa is edging closer to a major healthcare overhaul with a bill that aims to provide universal coverage, but concerns are mounting over whether the struggling public system is ready to implement such an ambitious plan, healthcare workers, patients and business groups say.
1 day ago
Infusions, anti-aging creams or anti-stress drops made from cannabis are some of the food supplements that Morocco will begin to market imminently and that are already on display at the International Agriculture Exhibition (SIAM) inaugurated this Monday, after legalization of this plant in 2021 for pharmaceutical and industrial uses.
8 mins ago
US lawmakers have voted for fresh assistance for Taiwan, allowing the island to upgrade its military hardware. Taiwan's president-elect says it will "safeguard peace," but China says it raises the risk of war.
8 mins ago
1 day ago
The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.
4 hours ago
Private sector players are urging the Nigerian government to suspend the increase in electricity tariff for band A customers, citing the recent appreciation of the naira, a part of the determining factor for the tariff. Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria, joins CNBC Africa for this and more.