Milk tea chain Gu Ming eyes $1.58 billion in Hong Kong IPO

advertisement
Photo by SING TAO.
Photo by SING TAO.

Chinese milk tea chain Gu Ming kicked off retail book building for its Hong Kong listing today, with a minimum investment of HK$4016.10 per lot for 400 shares.

The company plans to raise up to HK$1.58 billion in an initial public offering, with a share price range between HK$8.68 and HK$9.94.

Gu Ming has introduced a number of cornerstone investors, including Huang River Investment, which is wholly owned by Tencent (0700), and LVC, a private equity firm that invests in NetEase Cloud Music (9899).

STAFF REPORTER

Related Article
Understanding Wealth: How Is It Defined and Measured?
The Role of Commercial Banks in the Economy
Halloween's Effect on the Economy
Completed property mortgages trending up
New wealth fund could buy TikTok, says Trump
Purchasing manager's index at lowest level in four months
Nezha 2 becomes China's biggest box office hit
Home completions hit 20-year high
©2025 EcoInvest All Rights Reserved
Privacy Policy
Terms of Service
  •  HOME
  •  HOT ARTICLES
  •  RECOMMENDED
  •  LATEST NEWS
  •  POPULAR POSTS
  •  RELATED ARTICLE
  •  PRIVACY POLICY
  • Home
  • HOT ARTICLES
  • RECOMMENDED
  • LATEST NEWS
  • POPULAR POSTS
  • RELATED ARTICLE
  • PRIVACY POLICY