Market Chatter: Chagee Mulls Secondary Listing in Hong Kong
MT Newswires Live
Yesterday
Nasdaq-listed Chagee Holdings is considering going public in Hong Kong and has held initial talks with banks for a possible share sale this year, Bloomberg reported Thursday, citing people familiar with the matter.
The Chinese tea chain could seek "several hundred million dollars" in a potential IPO, the report said.
The matter is ongoing and there is no guarantee the firm will take the plunge, the report cautioned.
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