Bubble tea billionaire ranks swell after latest Hong Kong IPO

Bubble tea billionaire ranks swell after latest Hong Kong IPO

[ad_1] [HONG KONG] China’s bubble tea market is overflowing with rivals and fierce price clashes – yet it’s set to produce another billionaire couple. On Thursday (May 8), Auntea Jenny (Shanghai) Industrial is scheduled to start trading in Hong Kong, raising HK$273 million (S$46 million) with a listing price of HK$113.12, the top of the…

Read More

Cash-strapped Beyond Meat gets US$100 million from diet non-profit

Cash-strapped Beyond Meat gets US0 million from diet non-profit

[ad_1] [NEW YORK] Beyond Meat raised US$100 million in debt financing from a plant-based diets advocate, as the company continues to search for funds to shore up its liquidity. The lender, Unprocessed Foods, is an affiliate of Ahimsa Foundation, an organisation “focused on advocating for plant-based diets”, the plant-based meat supplier said on Wednesday (May…

Read More