Bubble tea

Key Takeaways: China’s securities regulator has effectively halted new Hong Kong listings of Chinese bubble tea makers by suspending its approval of such IPOs, according to Reuters The move could signal a more aggressive approach by the CSRC in regulating which Chinese companies can list in...

The bubble tea, commonly referred to as ‘Boba,’ has evolved beyond a mere trend in China; it’s now a lucrative business venture that has spawned numerous billionaires. The most recent addition to this list is Sichuan Baicha Baidao Industrial Co., the third-largest bubble tea chain...