A $233 million Hong Kong IPO on Wednesday rocketed Wang’s net worth to $1.1 billion, according to the Bloomberg Billionaires ...

Wang Yun’an, the 38-year-old founder of Chinese milk tea company Guming Holdings, has become a billionaire after the chain ...

Farmers pick tea leaves at a plantation in Naxi district of Luzhou, Sichuan province, on Feb 10, 2025. With a tea plantation ...

China's largest bubble tea firm, Mixue Group, will begin bookbuilding for its Hong Kong initial public offering by the end of ...

Yunan Wang opened his first bubble tea store in his hometown, Daxi, however, business was tough during the initial phase with ...

Chinese freshly brewed tea beverage brands like Gongcha and Mixue are becoming increasingly popular in Southeast Asian ...

Shares of Chinese tea maker Guming Holdings rose at their Hong Kong trading debut as sentiment surrounding initial public offerings in the Asian financial hub improved. Guming's shares rose 1.8% to 10 ...

From a small shop in his hometown to a massive network of nearly 10,000 outlets, Yun’an Wang’s journey to success resembles a classic rags-to-riches story. He became a billionaire after his tea chain, ...

Guming says it targets smaller cities where bubble tea is not as readily available and growth outpaces that of megacities.

CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price ...

Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its ...