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Guming, a Chinese bubble tea chain, plans to IPO in Hong Kong, aiming to raise up to $202 million.
Chinese bubble tea company Guming plans to raise up to $202 million through its IPO in Hong Kong.
The company will offer shares priced between HK$8.68 and HK$9.94 each, with trading set to begin on February 12.
Tencent's Huang River is a key investor, committing up to $71 million.
Guming operates 9,000 stores and intends to use the funds for expansion and digitalizing operations.
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Guming, una cadena china de té burbuja, planea la OPI en Hong Kong, con el objetivo de recaudar hasta $202 millones.