_chinas-bubble-tea-business-sellers-rushing-to-cash-in.jpg "China’s bubble tea business: Sellers rushing to cash in from gold rush season 11 Video Screenshot Preview")
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⏲ Duration: 3:42
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✓ Published: 23-Apr-2024
👁 View: 860K times
✓ Published: 23-Apr-2024
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Shares in the Chinese bubble tea firm Chabaidao slumped 38.3% at its big Hong Kong IPO. Vera Wing-han Yuen, an economics lecturer at the University of Hong Kong, spoke to CGTN about several possible reasons for the disappointing IPO, and whether increasing competition threatens to spoil the sugar rush.
Shares in the Chinese bubble tea firm Chabaidao slumped 38.3% at its big Hong Kong IPO. Vera Wing-han Yuen, an economics lecturer at the University of Hong Kong, spoke to CGTN about several possible reasons for the disappointing IPO, and whether increasing competition threatens to spoil the sugar rush.
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