China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.

(Reuters) - China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made on Friday. The company is selling 17.1 million shares at a fixed price of HK$202.5 each, the filings showed.

Fresh drink maker’s profit surged 45.2 per cent in the first nine months of 2024, as it served up around 7.1 billion drinks.