Mixue, which is seeking to raise HK$3.45 billion in the IPO, is the largest and latest Chinese bubble-tea maker to go public in Hong Kong, betting the proceeds will help it fend off intensifying ...

In early March, much of the Western world was introduced to Mixue Ice Cream and Tea (pronounced mee-schway), a fast food chain based in China that's also found across much of Asia and Australia.

Mixue Group, operator of China’s largest bubble-tea chain, plans to raise HK$3.45 billion ($444 million) in a Hong Kong initial public offering to help it fend off competition in the fast ...