Mixue, a popular Chinese bubble tea company, had a fantastic first day on the Hong Kong stock market! Its stock price soared, making it a very exciting event for investors. This shows that people are feeling more optimistic about the economy.
- Mixue raised $444 million by selling its shares.
- The stock price jumped over 47% on its first day of trading.
- Retail investors were extremely enthusiastic, subscribing many times over the available shares.
| Fact | Number |
|---|---|
| Money raised in IPO | $444 million |
| First-day price increase | 47%+ |
| Retail subscription | 5,258 times oversubscribed |
| Total Hong Kong IPOs in 2025 (to date) | $1.44 Billion |
