Similar Stories to Hong Kong Ipo Boom Is A Bust For Many on Bing News

The average initial public offering in Hong Kong since the start of 2009 is down 13%, and more than two-thirds of the offerings have underperformed the Hang Seng Index since their listings.

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BING NEWS:
  • Bubble Tea Billionaires: China’s Latest Wealth Phenomenon
    Bloomberg reported on the 22nd (local time) that the popularity of bubble tea in China has consecutively created billionaires. According to the report, the stocks of Sichuan Baicha Baidao, the ...
    04/23/2024 - 4:22 am | View Link
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    HONG KONG - Are you a fan of bubble tea? Love it or hate it, the passion for the drink has created at least a half-dozen billionaires in China in the past few years and is at the heart of several ...
    04/22/2024 - 11:29 pm | View Link
  • Chinese Bubble Tea Maker Slides in Hong Kong’s Largest Listing This Year
    Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped in their trading debut in Hong Kong as investors balked at the financial hub’s biggest listing so far this year.Shares of ...
    04/22/2024 - 11:19 pm | View Link
  • A Bubble-Tea IPO Became Hong Kong's Biggest This Year—and Slumped on Its Trading Debut
    Executives at a bubble-tea company struck the gong Tuesday morning for Hong Kong’s biggest IPO yet this year. Then silence descended on the listing hall. Shares of Sichuan-based ChaPanda opened 10% ...
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  • Bubble-Tea Maker Chabaidao Slumps 27% in HK’s Biggest 2024 Debut
    Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co. plunged 27% in its trading debut in Hong Kong, the latest setback for the city as it attempts to revive its moribund financial ...
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