Mixue IPO Debut Rockets Shares Up 40%
On March 3, 2025, at 5:37 AM PST, Mixue Ice Cream and Tea’s Mixue IPO debut soared over 40% on the Hong Kong Stock Exchange, eclipsing giants like McDonald’s (43,000+ stores) and Starbucks (40,576) with its 45,000+ outlets, per BBC reports. Raising $444 million (£352 million)—2025’s biggest Hong Kong IPO—the bubble tea titan, founded in 1997 by Zhang Hongchao in Zhengzhou, Henan, cashed in on China’s economic woes. Selling drinks at six yuan ($0.82)—“honey snow ice city” vibes with Snow King mascot—Mixue thrives amid a property slump and shaky confidence, X posts buzzed Monday.
Unlike Starbucks’ 53% direct-run stores, Mixue’s franchise model—99% outsourced—fuels its sprawl across China and 11 nations like Singapore, per company stats. Hongchao’s student startup turned juggernaut contrasts rivals; Guming slid February’s debut, Chabaidao flopped last year—Mixue’s 40% leap shines, per X. Plans to expand its 45,000-store empire—playing its catchy tune—buck China’s downturn. At 5:37 AM PST, Mixue IPO debut marks a franchise king’s rise—raw-material supplier outpacing traditional brands, Hong Kong’s IPO scene reignites, per posts.
Mixue IPO Debut: Franchise Giant Soars
Mixue IPO debut—$444M, 40% up—tops McDonald’s, Starbucks in stores. Guming, Chabaidao lag; cheap sips win China. For more, visit BBC or Kenkou Land.
Main Body: Bubble Tea Beats Big Brands
Today, March 3, 2025, at 5:37 AM PST, Mixue IPO debut on Hong Kong’s exchange spiked shares 40%—$444 million raised, trouncing McDonald’s (43,000+) and Starbucks (40,576) with 45,000+ stores, per BBC. Zhang Hongchao’s 1997 Henan ice shop—Mìxuě Bīngchéng, “honey snow ice city”—hit $0.82 drinks big amid China’s property crisis, X raved Monday. Snow King’s red-cloaked cheer and looped jingle pack 11 countries—Singapore, Thailand—franchisees (99%) rule, not Starbucks’ half-owned model, per Mixue data. Hong Kong’s IPO crown of 2025 shines—Guming, Chabaidao stumbled, Mixue soared.
From a student’s part-time gig to 45,000+ outlets—expansion looms—Mixue’s raw-material game outsmarts rivals; $352 million fuels growth, X posts hype. At 5:37 AM PST, its debut—40% jump—defies China’s weak pulse; franchisees sip success at six yuan a cup. Will it outgrow its bubble tea throne? Mixue IPO debut says yes—cheap beats corporate, Hong Kong cheers, per sentiment.
