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"Back Against the Wall" Plans Hong Kong IPO? LELECHA Expands Into South China Market!
How competitive is the new-style tea drink market? Those following the development of this industry are likely aware. The high-end, mid-range, and low-end segments of new-style tea drinks are crowded with countless competing brands. The high-end features brands like HeyTea and Nayuki; the mid-range has Yi Dian Dian; while the most mass-market segment is largely occupied by Mixue Bingcheng
2022-04-27 LELECHA Hong Kong IPO new-style tea drinks HeyTea Nayuki Yi Dian Dian Mixue Bingcheng -
Heytea Responds to Rumors About Acquiring Nayuki - What's the Relationship Between Heytea and Nayuki?
2021 was an active year for the new-style tea market. First came round after round of financing. According to an article by New Consumer Reference, tea brands completed 15 financing deals in the first half of 2021, with disclosed amounts exceeding 5 billion yuan. The number of financing events and disclosed amounts had already surpassed the entire year of 2020. This was followed by Nayuki's Tea becoming the first tea stock to officially list on the Hong Kong Stock Exchange on June 30th, with each share priced at...
2021-07-20 Heytea acquisition Nayuki incident rumors response relationship 2021 -
Nayuki's Tea Stock Hits Lowest Point After ¥28,000 Fine! How to Solve Food Safety Issues?
On December 1st, Beijing Nayuki Catering Management Co., Ltd. was fined ¥28,000 by the Xicheng District Statistics Bureau of Beijing for providing false "total employee wages indicators for 2020," violating the Statistics Law of the People's Republic of China. Following the penalty announcement, Nayuki's stock price experienced a slight decline, falling from HK$9.35 per share
2022-04-27 Nayuki tea food safety stock price statistics law violation