{"id":62101,"date":"2025-02-21T16:52:31","date_gmt":"2025-02-21T08:52:31","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=62101"},"modified":"2025-02-21T16:57:18","modified_gmt":"2025-02-21T08:57:18","slug":"hong-kong-ipo-mixue-group-2097-hk","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/hong-kong-ipo-mixue-group-2097-hk\/","title":{"rendered":"HONG KONG IPO: MIXUE Group (2097 HK)"},"content":{"rendered":"\n
<\/div><\/div>\n\n\n\n

IPO Watch<\/h2>\n\n\n\n

MIXUE Group (2097 HK) <\/strong>\n<\/p>\n\n\n\n

Basic Information<\/strong>\n<\/p><\/td><\/tr>

\n Market \n<\/p><\/td>

\n HK main board\n<\/p><\/td><\/tr>

\n Industry\n<\/p><\/td>

\n Food and Beverage\n<\/p><\/td><\/tr>

\n Board Lots\n<\/p><\/td>

\n 100\n<\/p><\/td><\/tr>

\n Listing Type\n<\/p><\/td>

\n Primary listing \n<\/p><\/td><\/tr>

Global Offering<\/strong>\n<\/p><\/td><\/tr>

\n Offer Price \n<\/p><\/td>

\n HK$202.50\n<\/p><\/td><\/tr>

\n Initial Market Cap \n<\/p><\/td>

\n HK$76,355mn\n<\/p><\/td><\/tr>

\n Total number of offer shares\n<\/p><\/td>

\n 17,059,900 H Shares\n<\/p><\/td><\/tr>

\n Number of International Offer Shares\n<\/p><\/td>

\n 15,353,900 H Shares \n<\/p><\/td><\/tr>

\n Number of HK Offer Share\n<\/p><\/td>

\n 1,706,000 H Shares \n<\/p><\/td><\/tr>

\n Sponsors\n<\/p><\/td>

\n Merrill Lynch (Asia Pacific) Limited, Goldman Sachs (Asia) L.L.C., UBS Securities Hong Kong Limited\n<\/p><\/td><\/tr>

Company Background<\/strong>\n<\/p><\/td><\/tr>

\n Mixue primarily offers freshly-made fruit drinks, tea drinks and ice cream to consumers both in China and overseas. Core Mixue products typically have a price range of RMB2 to RMB8, substantially lower than that of major products offered by other main freshly-made tea drinks brands in China. It has two major brands\u2013 freshly-made tea drinks brand Mixue and freshly-made coffee brand Lucky Cup. Through a franchise model, its store network spans over 45,000 stores serving consumers both in and outside mainland China. As of September 30, 2024, we have established store presence across 31 provinces, autonomous regions and municipalities, including over 300 cities, 1,700 counties and 4,900 towns (out of approximately 30,000 towns across mainland China), spanning across all tiers of cities with a deep penetration in lower-tier markets. \n<\/p><\/td><\/tr>

Financials<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

Subscription Table<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

Time Table<\/strong>\n<\/p><\/td><\/tr>

\n IPO deadline: 26-Feb-2025\n<\/p>

\n Results allotment date: 28-Feb-2025\n<\/p>

\n Check refund date:\u00a003-Mar-2025\n<\/p>

\n Listing date: 03-Mar-2025\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u65b0\u80a1\u4e0a\u5e02<\/strong><\/h2>\n\n\n\n

\u871c\u96ea\u51b0\u57ce (2097)<\/strong>\n<\/p>\n\n\n\n

\u57fa\u672c\u4fe1\u606f<\/strong>\n<\/p><\/td><\/tr>

\n \u5e02\u573a\n<\/p><\/td>

\n \u9999\u6e2f\u4e3b\u677f\n<\/p><\/td><\/tr>

\n \u884c\u4e1a\n<\/p><\/td>

\n \u996e\u98df\n<\/p><\/td><\/tr>

\n \u6bcf\u624b\u80a1\u6570\n<\/p><\/td>

\n 100\u80a1\n<\/p><\/td><\/tr>

\n \u4e0a\u5e02\u7c7b\u578b\n<\/p><\/td>

\n \u4e3b\u4e0a\u5e02\n<\/p><\/td><\/tr>

\u5168\u7403\u53d1\u884c<\/strong>\n<\/p><\/td><\/tr>

\n \u62db\u80a1\u4ef7\u8303\u56f4\n<\/p><\/td>

\n HK$202.5\n<\/p><\/td><\/tr>

\n \u521d\u59cb\u5e02\u503c\u8303\u56f4\n<\/p><\/td>

\n HK$76,355mn\n<\/p><\/td><\/tr>

\n \u603b\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 17,059,900\n<\/p><\/td><\/tr>

\n \u56fd\u9645\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 15,353,900\n<\/p><\/td><\/tr>

\n \u9999\u6e2f\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 1,706,000\n<\/p><\/td><\/tr>

\n \u4fdd\u8350\u4eba\n<\/p><\/td>

\n \u7f8e\u94f6\u8bc1\u5238\u3001\u9ad8\u76db\u3001\u745e\u94f6\n<\/p><\/td><\/tr>

\u516c\u53f8\u80cc\u666f<\/strong>\n<\/p><\/td><\/tr>

\n \u871c\u96ea\u4e3b\u8981\u5411\u4e2d\u56fd\u53ca\u6d77\u5916\u6d88\u8d39\u8005\u63d0\u4f9b\u73b0\u5236\u6c34\u679c\u996e\u54c1\u3001\u8336\u996e\u53ca\u51b0\u6dc7\u6dcb\u3002\u871c\u96ea\u7684\u6838\u5fc3\u4ea7\u54c1\u4ef7\u683c\u8303\u56f4\u901a\u5e38\u4e3a\u4eba\u6c11\u5e012\u5143\u81f38\u5143\uff0c\u8fdc\u4f4e\u4e8e\u4e2d\u56fd\u5176\u4ed6\u4e3b\u8981\u73b0\u5236\u8336\u996e\u54c1\u724c\u7684\u4e3b\u8981\u4ea7\u54c1\u4ef7\u683c\u3002\u871c\u96ea\u62e5\u6709\u4e24\u5927\u54c1\u724c\u2014\u2014\u73b0\u5236\u8336\u996e\u54c1\u724c\u201c\u871c\u96ea\u51b0\u57ce\u201d\u53ca\u73b0\u5236\u5496\u5561\u54c1\u724c\u201c\u5e78\u8fd0\u5496\u201d\u3002 \n<\/p>

\n \u8fc7\u52a0\u76df\u6a21\u5f0f\uff0c\u5176\u95e8\u5e97\u7f51\u7edc\u5df2\u6269\u5c55\u81f3\u5168\u7403\uff0c\u62e5\u6709\u8d85\u8fc745,000\u5bb6\u95e8\u5e97\uff0c\u670d\u52a1\u4e2d\u56fd\u5927\u9646\u53ca\u6d77\u5916\u5e02\u573a\u3002\u622a\u81f32024\u5e749\u670830\u65e5\uff0c\u871c\u96ea\u5df2\u5728\u4e2d\u56fd\u5927\u964631\u4e2a\u7701\u3001\u81ea\u6cbb\u533a\u53ca\u76f4\u8f96\u5e02\u5efa\u7acb\u95e8\u5e97\uff0c\u8986\u76d6\u8d85\u8fc7300\u4e2a\u57ce\u5e02\u30011,700\u4e2a\u53bf\u53ca4,900\u4e2a\u57ce\u9547\uff08\u4e2d\u56fd\u5927\u9646\u7ea6\u670930,000\u4e2a\u57ce\u9547\uff09\uff0c\u6db5\u76d6\u6240\u6709\u5c42\u7ea7\u57ce\u5e02\uff0c\u5e76\u5728\u4f4e\u7ebf\u5e02\u573a\u5177\u6709\u6df1\u5ea6\u6e17\u900f\u3002\n<\/p><\/td><\/tr>

\u8d22\u52a1\u72b6\u51b5<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

<\/strong>\n<\/p><\/td><\/tr>

\u7533\u8d2d\u8868<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

\u65f6\u95f4\u8868<\/strong>\n<\/p><\/td><\/tr>

\n \u7533\u8d2d\u622a\u6b62\u65e5: 2025\u5e742\u670826\u65e5\n<\/p>

\n \u53d1\u884c\u5206\u914d\u65e5: 2025\u5e742\u670828\u65e5\n<\/p>

\n \u652f\u7968\u9000\u6b3e\u65e5:\u00a02025\u5e743\u67083\u65e5\n<\/p>

\n \u4e0a\u5e02\u65e5\u671f: 2025\u5e743\u67083\u65e5\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO Watch MIXUE Group (2097 HK) Basic Information Market HK main board Industry Food and Beverage Board Lots 100 Listing Type Primary listing Global Offering Offer Price HK$202.50 Initial Market Cap HK$76,355mn Total number of offer shares 17,059,900 H Shares Number of International Offer Shares 15,353,900 H Shares Number of HK Offer Share 1,706,000 H […]<\/p>\n","protected":false},"author":16,"featured_media":62107,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-62101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-reports"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream.png?wsr",1936,1368,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream-150x150.png?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream-300x212.png?wsr",300,212,true],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream-768x543.png?wsr",768,543,true],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream-1024x724.png?wsr",800,566,true],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream-1536x1085.png?wsr",1536,1085,true],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/02\/Mixue-Ice-Cream.png?wsr",1936,1368,false]},"uagb_author_info":{"display_name":"Jiong Han Lee","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"IPO Watch MIXUE Group (2097 HK) Basic Information Market HK main board Industry Food and Beverage Board Lots 100 Listing Type Primary listing Global Offering Offer Price HK$202.50 Initial Market Cap HK$76,355mn Total number of offer shares 17,059,900 H Shares Number of International Offer Shares 15,353,900 H Shares Number of HK Offer Share 1,706,000 H…","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/62101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=62101"}],"version-history":[{"count":5,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/62101\/revisions"}],"predecessor-version":[{"id":62111,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/62101\/revisions\/62111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/62107"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=62101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=62101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=62101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}