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Chinese tea firm Chagee raises $411M in U.S. IPO, expanding globally amid trade tensions.
Chinese tea company Chagee raised $411 million in its New York IPO, selling shares at $28 each.
The company, which operates over 6,000 tea houses globally and generated $4 billion in sales last year, expanded into Southeast Asia.
The IPO comes amid concerns over potential global trade wars and the risk of Chinese companies being delisted from U.S. exchanges.
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La firma china de té Chagee recauda $ 411M en la OPI de los Estados Unidos, expandiéndose a nivel mundial en medio de tensiones comerciales.