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Bubble Tea Maker Talks Expansion After Hong Kong IPO Turns Founder Into Billionaire

Guming Holdings Ltd.’s Chief Financial Officer Hailing Meng tells The China Show about the bubble tea maker's expansion plans and its secret sauce in a fierce market following a $233 million Hong Kong IPO. The firm's founder, Yun’an Wang, has joined growing club of Chinese bubble tea billionaires...

Bloomberg

published: Feb 12, 2025

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Guming Holdings Ltd.’s Chief Financial Officer Hailing Meng tells The China Show about the bubble tea maker's expansion plans and its secret sauce in a fierce market following a $233 million Hong Kong IPO. The firm's founder, Yun’an Wang, has joined growing club of Chinese bubble tea billionaires in a market that is forecast to balloon into $71 billion in three years. (Source: Bloomberg)

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