Chinese Partner-And-Partner Duo To be Billionaires To your Bubble Teas Chain’s IPO
The married couple at the rear of Chinese bubble tea strings Nayuki research put becoming billionaires while the team prepares commit personal when you look at the Hong-kong.
Cofounders Peng Xin and Zhao Lin, the happy couple who developed the new Shenzhen-built refreshment chain within the 2014, will for every single possess a fortune of at least $step one.1 mil based on its limits for the Nayuki. A spokesperson says the company has no discuss the cofounders’ riches.
The firm is looking for to increase up to $656 billion because of the promoting 257.step three mil offers at a high price directory of HK$17.dos so you’re able to HK$19.8 apiece, according to its prospectus. The fresh new shopping portion of the providing was 190 minutes oversubscribed. The latest offering has also attracted five foundation buyers as well as UBS Advantage Management, Asia Southern Investment Administration and you can GF Money Administration, new prospectus reveals.
Nayuki, also known as Naixue’s Tea when you look at the Chinese, plans to utilize the proceeds to enhance the supply chain and you will unlock more than 600 areas within the Asia this year https://kissbrides.com/hot-indonesian-women/ and then. The fresh business have liked surging request from more youthful users trying to find creative tea products. (далее…)