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Ice cream and tea chain Mixue said to explore Hong Kong IPO

News Snapshot:

– A + A (Aug 25): Chinese ice cream and tea chain Mixue Bingcheng Co is considering a Hong Kong initial public offering as soon as next year, according to people familiar with the matter. Mixue has held initial discussions with potential advisers about the share sale, which could raise US$200 million to US$500 million, the people said, asking not to be identified as the information is private. The company is looking at Hong Kong as a venue but has also considered listing in mainland China, they said. Mixue’s IPO plans are still preliminary and details including size and timeline…

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